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

To: Terry Mitchell who wrote (8812)	1/6/1998 12:05:00 AM
From: pat mudge	Respond to of 21342

[Misreading the press] Terry -- I misread the release, too. Even so, I have to speculate on the events leading up to Zionts being named CEO of Westell, Inc., and Robert Faw being given walking papers --- or choosing to leave, such as the case may be. When I read the release announcing Seamans' leave of absence, there's no mention of Zionts in the executive "interim council." westell.com <<<As an interim measure, Westell has established an Office of the Chairman, which includes Mr. Gaynor, together with Rob Faw, CEO of Westell, Inc. and J. Nelson, President of Westell, Inc. >> Clearly, there's been a shift of power and I will be extremely surprised if there's not more to come. And to be honest, I'm glad Zionts wasn't named CEO of Westell Technologies, not because I don't think he can do the job. If they're planning a change at the top, I think they need an outsider with a name for turning companies around. Just my take. Pat