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

To: bob jaremsek who wrote (9074)	1/22/1998 8:20:00 PM
From: bob jaremsek	Read Replies (1) \| Respond to of 21342

AURORA, Ill., Jan 22 (Reuters) - 1997 1996 Shr basic profit $0.04 loss $0.19 Shr diluted prof $0.04 N/A Net profit 1,433 loss 6,748 Revs 21,622 18,057 Avg shrs basic 36,358 36,310 Avg shrs diluted 36,745 N/A 9 MONTHS Shr basic loss $0.21 loss $0.29 Shr diluted N/A N/A Net loss 7,604 loss 10,365 Revs 4,086 6,714 Avg shrs basic 36,339 35,815 Avg shrs diluted N/A N/A (All data above 000s except per share numbers) NOTE: Full name of company is Westell Technologies Inc Includes charge for additional inventory reserves of $400,000 and $5 million in the quarters ended December 31, 1997 and 1996, respectively, related to excess and obsolete ADSL piece parts and produce inventory. Third quarter 1997 figures include one-time restructuring charge of $1.4 million, and a one-time benefit of $12 million, net of expenses, for a break-up fee received from Texas Instruments related to proposed Westell/Amati merger. REUTERS Rtr 16:38 01-22-98 Copyright 1998, Reuters News Service c 1997 DLJdirect. All Rights Reserved. Copyright c 1997 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. or such other notice as may be agreed by the parties in writing. _____________________________________________________________ .................. Bob