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


To: SteveG who wrote (8826)1/7/1998 8:50:00 AM
From: g.w. barnard  Respond to of 21342
 
to all,
more non adsl news:
gw

SCHAUMBURG, Ill., Jan. 7 /PRNewswire/ -- Conference Plus, Inc. (CPI), a
wholly owned subsidiary of Westell Technologies, Inc. (NASDAQ:WSTL), today
announced it has become the first company specializing in audio
teleconferencing, multi-point video conferencing and broadcast fax service to
achieve ISO 9002 certification. ISO 9002 was developed as a comprehensive set
of standards by the International Organization for Standardization (ISO), to
define world-class quality systems for most corporate functions. CPI has
received this certification in recognition of its procedures for the assurance
of quality activities and related systems.
"This ISO certification sets a new benchmark for our industry. CPI's
standardization and certification of its quality procedures solidifies its
commitment to an approach to quality service that is imbedded in our culture,"
stated Rick Riviere, CPI President. "We began by identifying and
standardizing a process of continuous improvement and have certainly seen a
marked improvement in our operations." No other direct competitor of CPI has
yet to achieve ISO certification, throughout the industry.
To achieve the ISO certification, it was essential that CPI formulate a
strong management team to initially put the standardized processes for
continuous improvement in place and then get 100% employee involvement and
commitment. As the first company in the audio, video and broadcast fax
service bureau industry to be recognized as an ISO 9002 certified
organization, CPI submitted itself to a thorough series of audits, conducted
every six months by Lloyd's Register Quality Assurance Limited (LRQA). CPI
considers the independent audits and approval to ISO 9002 as the key process
toward continued assurance of the quality activities essential in maintaining
the integrity of its quality service organization.
"More and more of our client companies and potential customers are already
requiring, or will soon be requiring, that multi-point conferencing companies
such as CPI be ISO certified," commented Evan Blanco, CPI's Vice President of
Operations and Customer Service. "We've already found that one of the primary
advantages of ISO certification is the distinct competitive advantage it gives
us over even larger competitors like AT&T and MCI -- who have yet to achieve
ISO 9002 certification for their multipoint communications business units.
ISO certification is already opening new marketing opportunities for us,
today."
Westell Technologies is a holding company for Conference Plus Inc.,
Westell, Inc. and Westell WorldWide Services Inc. Conference Plus Inc.,
founded in 1988, is a multi-point telecommunications service bureau
specializing in audio teleconferencing, multi-point video conferencing,
broadcast fax, and multimedia teleconference services. CPI is an applications
oriented, market driven company, focused on exemplary customer service. CPI
prides itself on providing services such as fax confirmations, on-line
advanced reservations and customized reporting and billing systems for its
customers. CPI's customers include Fortune 500 or Global Fortune 500
Corporations, telecommunication resellers and independent agents. Additional
information can be obtained by visiting CPI's Web site at
cpiconf.com.
Westell Inc. is a leading world-wide innovator and manufacturer of xDSL
systems and telecommunications access products, with corporate headquarters in
Aurora, Illinois. Westell's ADSL and HDSL products are currently in use or
trial by many customers in over 30 countries world-wide. Westell WorldWide
Services, Inc. provides engineering, installation and network management
services to leading network providers as well as turn-key equipment and
service solutions to enterprise customers and service providers. Additional
information can be obtained by visiting Westell's Web site at
westell.com.

SOURCE Conference Plus, Inc.
-0- 01/07/98
/NOTE TO EDITORS: For more information on Westell Technologies, Inc.
via facsimile at no cost, simply dial 800-PRO-INFO and enter the ticker
symbol WSTL/
/CONTACT: Mark L. Meudt of Westell Technologies, Inc., 630-375-4125/
/Web Site: westell.com./



To: SteveG who wrote (8826)1/7/1998 1:14:00 PM
From: SteveG  Read Replies (2) | Respond to of 21342
 
For collective condsideration - ADSL valuations & market expectations:

Though not directly comparable to Westell, H&Q's analyst referenced the TI purchase of Amati as a rough AWRE valuation gauge:

"..We also believe that AWRE is undervalued from a take-over
perspective. Amati (AMTX) was recently purchased by Texas Instruments for approximately $400 million. AWRE, possessing similar technologies, is currently valued at just over $200 million...."

Also relevant:

".. As expected, the company is continuing with its plans to invest
heavily in R&D, and Sales and Marketing throughout FY97 in order to
gain a competitive advantage as ADSL deployment begins in late 1998 or 1999..."

"..We expect that Aware will continue to sign new strategic partnership agreements in 1998. Further, we expect the Company to benefit from its partnership with DIGI (DSC Communications) in providing its DWMT (Discrete Wavelet Multitone) modems to the HFC market..."

from: Message 3103598

But Analog's CEO Jerald Fishman had the following thoughts on Amati's valuation (courtesy of Norman):

"..TI is spending about $395 million to buy San Jose, Calif.- based Amati Communications Corp., which holds key DSL patents. Analog says the price tag may be too high, since Amati had only $13.2 million in sales for its '97 fiscal year ended Aug. 2. "I have a hard time understanding what makes that deal worth almost $400 million," said Fishman..."

from: Message 3113624

Regards-

Steve




To: SteveG who wrote (8826)1/7/1998 11:51:00 PM
From: Trey McAtee  Respond to of 21342
 
steve--

go back and check your work. BEL CEO was talking about how much of their network would be deployable based on the better than expected results from the test deployments. yes, he did discuss the tech aspects of ADSL itself, which was also very supportive of the technology.

so, what is your point...?

actually, some of what you said (like COB on leave) did affect the stock, and your contention that i do not understand the technical problems, or at the very least am ignoring them, is silly and pointless. i simply do not see the problems in the same light as you. that does not make me wrong nor does it make you correct. it simply means that we are in disagreement.

however, you did not have to know peoples intention to sell. you did have to realize that there were a lot of people who simply did not have the balls to stay in their postions and bailed out. i am not calling them stupid, though....from where i sit, they made an excellent choice.

you obviously understand little about the market, and momentum in particular. the issues that were raised about the company, like contracts and the COB, were just minor issues...the business model was still intact even though contracts were pushed out. in september most on wall st. already knew the GTE ILEC contract was going to be pushed out to the beginning of the year. the stock price at that time was higher than it is now. are you seeing the correlation or do i have to paint you a picture?

so, you have minor problems ( i am sure YOU wont see them as minor, which is suprising since you have NO position in the stock<G>) that might take us down a point or two...then you add on the AMTX merger whcih takes us down to the teens, then you have ASIA which takes us lower, then the seamens announcement. plus a lot of unsubstantiated rumors and you have a general sell off.

know, if you want to delude yourself into thinking that your issues really matter that much, be my guest. however, do not be suprised when the stock jumps up from current levels based on a minor piece of positive news.

as for the posts, i could care less. your assertion that you know more than everyone else is absurd, and i simply do not care (but to laugh) about it. i understood the technical information very well, especially the details correcting your assertions. guess you have an exceedingly short memory.

guess you better leave it at that, lest your agenda become to known the rest of us.

good luck to all,
trey