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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: kenneth kountz who wrote (8544)	12/23/1997 1:29:00 PM
From: bill c.	Read Replies (1) \| Respond to of 21342

Kenneth: >> why, in your opinion has the stock lost about 60% of its value in the same time frame? << Today the investment community does have a certain level of doubt about Westell. Those that don't have an clear understanding of xDSL/cable/wireless/etc, base Westell's future on the CEO being sick, 3 unannounced contracts, TI purchasing AMTX's patents, the perception of cable taking over the world, etc. The two issues that concern me the most are, 1) The BC DSLAM contract and 2) getting a production level DSLAM out the door 1Q98.... until later.

To: kenneth kountz who wrote (8544)	12/23/1997 7:44:00 PM
From: Trey McAtee	Respond to of 21342

kenneth-- i agree with you for the most part. management is doing a lousy job of managing this, and wall st. is taking advantage of their silence. this is indeed a terrible situation, but one that we have no choice but to sit through. i talked to a friend in NY today who said they were actually buying shares. i told him that mangement wasnt so good, but he said they were buying it because everyone else hates it. no other reason. (pat: what was that about the last temptation?) wall street is full of really dumb people. they make decisions based on incomplete data. you should not doubt that you have access to better information than they do. wall st.'s lack of love for WSTL has nothing to do with fundamentals. it has everything to do with whats in and whats out. call it VOGUE INVESTING...buying companies that stand to profit in the very near term are simply not in style. what is in style is calling the market top. thanks to barton biggs, who we hope will have a heart attack soon, for beign wrong for SOOOOOO long, but still acting like he knows everything. good luck to all, trey