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

To: jeremic who wrote (10098)	4/6/1998 8:07:00 PM
From: DR.TECH	Read Replies (3) \| Respond to of 21342

The increase in authorized shares is not to buy another ADSL co. If you threadites are really shareholders you would have received a proxy from westell this past week. If you noticed the controling voting rights are owned by the Penny family and MR. Simon. Thus, if any type of deal would arise with westell receiving a bid.....It would really have to be sweet $$$$ since controling voting rights want $$$$. The increase in authorization could allow an strategic partner to show westell the money and buy say 10-20% of the company. This would give westell more capital to accomadate that partner's big deployment or product marketing plans. If authorized shares were placed than it would level the playing field in the voting rights soap opera and give interested companies a real possible chance at aquiring WSTL.