Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Trey McAtee who wrote (8851)	1/8/1998 8:33:00 PM
From: pat mudge	Respond to of 21342

[TI agreement] I would imagine the payment would be made at the close of the buyout some time before Feb. 23. I don't know about sales figures. Later --- Pat

To: Trey McAtee who wrote (8851)	1/8/1998 9:39:00 PM
From: SteveG	Read Replies (1) \| Respond to of 21342

<..if TI has already made the payment to WSTL. if so, i think we could see an upside earnings suprise....> One time charges and gains are excluded in the evaluation of earnings relative to the street's (ie., FC or I/B/E/S) estimate. For Q3 reported probably in two weeks, FC consensus is a loss of <.11>. FY98, reporting in Apr, is a loss of <.43>. My bet is they do worse than this for the year (exclusive of TI gain), and probably worse for the quarter. Any takers?

To: Trey McAtee who wrote (8851)	1/9/1998 3:38:00 AM
From: Curlton Latts	Read Replies (2) \| Respond to of 21342

>> if seamens wasnt lying<< You've got to be kidding, right. Good Luck To Each And All Curly ~~~~~~~~^^ [6.6] .....> [_]

To: Trey McAtee who wrote (8851)	1/9/1998 8:23:00 AM
From: bill c.	Read Replies (1) \| Respond to of 21342

Trey: I'm not sure when TI is paying Westell that $14.8 million. I'm guessing fiscal 4Q98. Westell may break even for fiscal 1998 with this payment. BC, GTE-CLEC, GTE Gov. Srv., City of Prince Rupert B.C., QuebecTel, Telecom Italia, John Buck Company, CTBC Telecom, SaskTel and Northland Communications Group have all started their deployments. Bell Atlantic and BT will start deploying in 1998. Those are the announced contracts, with GTE-ILEC announcing sometime in 1998. I haven't been following the ATMX contracts closely, but a few may come to Westell... until later. PS. Don't forget that Lucent will resell the Westell DSLAM device, mux cards, line cards, etc.