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

To: PiedPiper who wrote (9518)	3/1/1998 12:43:00 AM
From: Michael F. Donadio	Respond to of 21342

Piedpiper, from where do you get your information? You seem to have great insight into the goings on within Westell, all of it negative, but you provide no information as to how you acquired this knowledge so that we can evaluate your credibility. If what you say is correct, Westell is indeed a poor investment. Bill c. has been around for as long as I can remember and has always been a critical and reliable source of information. Of course Bill could be wrong, and you could be right, but it seems strange to me that you suddenly appear (a member since Feb. 19, 1998) with volumes of negative information about Westell and no clear explanation as to how you are in a position to acquire this information. If you have made this known but I have missed it, I apologize and appreciate that you have come to share your knowledge with us. Otherwise please establish your credibility. All the best, Michael

To: PiedPiper who wrote (9518)	3/1/1998 10:05:00 AM
From: Zephod	Read Replies (1) \| Respond to of 21342

>>>Tons of insider selling going on, according to janitor there -- who's a millionaire by the way -- and morale is at an all-time low. Now comes word heirs of company founder readying to unload.<<< PiedPiper or should I call you Olcott, the wise sage. While I have no knowledge of what's going on inside Westell insider selling is a matter of public record and these dire predictions were proved untrue. Seamans sold 95K direct shares still holds 1.27 million and 200k indirect Faw held 98k sold 10k, 10% of his position, holds 88k R. Penny held around 20 million sold 15K indirect shares Stefan Abrams sold the largest %, had 204K sold 78K now holds 125K Curtis Benton held 672k, sold 13k , 2% holdings Simon sold 69K, he's trustee of the voting trust, has lots of shares My latest information from broker shows insider holdings up to 2.14 million from 2.11 million at the beginning of the month. While I can't substantiate this with a URL it appears there was insider buying in Westell this month (unless a misprint, possible since I've heard of no buying). In the least management doesn't appear to be dumping their shares. I have no knowledge of the job situation at Westell. What you say could very well be true, I don't know. One thing I will say, in general, I'm suspicious of posts which contradict all public knowledge of the company, made under an alias with no corroboration. Lastly I have to assume Amerindo has visited the company recently and was convinced Westell is still a good investment. (staying long) Dave

To: PiedPiper who wrote (9518)	3/1/1998 10:51:00 AM
From: bill c.	Read Replies (1) \| Respond to of 21342

Piper: >> short of just listening to what I am saying which I know you don't believe) << You have a lot to learn about trusting anyone on the Internet or the SI threads. I don't trust anyone, but I do look for a logical progression of information. Provide your information and when you don't have a URL, expect questions. Don't worry about lurkers/posters trusting you. >> Now the termination was succinct and directed at the fringes of engineering development, so hopefully it doesn't hurt the internal programs much...... Take this in part as opinion, mine and my friends, and as fact (there were terminations in R&D). << Would you like to discuss what you mean by "fringes of engineering development". I think it would help us all in our understanding of Westell's position. I don't have a problem with an Ex-Westell employee venting on the SI threads. >> HDSL does sell outside the US. What is WSTL current volume on the European product? But why did you post the press release for the automatic protection switch, which has nothing to do with HDSL? Yes WSTL sells an HDSL product internationally but it lacks some features or it would do better. << My only point was Westell has an HDSL product. I'm glad to see Westell does have the "H" in xDSL and is working with TI to get the "V". Why did I post the Korea URL in which I bolded the phrase? ...Westell has also been selected to continue research and development toward the installation of an E1 standards product.... I posted this in reference to your claim that Westell doesn't have an HDSL product and they weren't developing additional products in this area... R&D. What is your spin of the above quote from Westell? >> Now is Korea paying for that European R&D project? << I don't have that information. If Korea isn't paying for the R&D, Westell is. westell.com >> One last comment on the employee situation. You folks on the thread immediately took Seamans' illness as some lame sign of his departure....... why has the company not told everyone that he is not coming back, that his 3 month LOA means that he was ousted and why didn't they convey this message to their people? << I don't know... until later.

To: PiedPiper who wrote (9518)	3/1/1998 2:52:00 PM
From: Trey McAtee	Respond to of 21342

piper- while most of us agree that seamans is likely gone for good, it is still speculation on our part, and on yours. one of the reasons we like URLs is because they back up assertions. and as for the 'fringe' layoffs, lets think about this... how much R&D does dell need to do? my point here is that WSTL is creating a dell type business model. the R&D expenses are offloaded to your chip supplier. though the street hasnt realized it yet, this a great strategy that will pay off. what i love is hearing crap from moron analysts about how WSTL will not be able to compete becuase they dont have the IP and they do not make their own chips. well, the DMT ip is owned now by our partner, TXN. and as for making every componet that the boards need...look at the difference between IBM (pc division) and DELL. DELL, on a percentage basis, is much more profitable that IBM becuase all dell does is assemble the machine and send it out the door. theoretically, IBM should have much greater pricing control than DELL, but the reality is that outsourcing works. odd how analysts can see how it works for DELL, but not for WSTL. good luck to all, trey