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: Jim Miller who wrote (10378)	4/28/1998 9:39:00 AM
From: kenneth kountz	Respond to of 21342

Jim: In response to your insightful analysis of the WSTL status, the only "Plan C" that makes any sense to me is to market the company to LU or some other whale. I just can't see the business model for this firm as a stand alone entity. LU just paid a billion for Yuri. I would think that $15/share would be a reasonable premium for WSTL above its current price to convince the Penney family and other large shareholders to go along. I know some on this board might feel differently, and believe the firm is worth more, but that's my two cents.

To: Jim Miller who wrote (10378)	4/28/1998 9:50:00 AM
From: Kevin Thompson	Read Replies (3) \| Respond to of 21342

Jim/Ken: Don't get despondent just yet- as Trey points out, if BA is doing a roll out this Fall, they are ordering the equipment NOW. If this is true, it will likely show up in the bottom line on May 14th. Perhaps WSTL knowingly did not pursue the loss-leading GTE contract to devote their energies to the profitable BA deal? Now, I might FULLY believe that if Seamans wasn't selling so much of his stock. Even if he was fired or has cancer, if he thought the stock was soon going to be worth twice today's price, he would be foolish to be dumping it... Thoughts appreciated. (Also, how much stock does Seamans still own- it's now obvious to me that he intends to own 0 shares in a hurry... he is selling 50,000 per week.) Kevin

To: Jim Miller who wrote (10378)	4/28/1998 2:54:00 PM
From: Trey McAtee	Read Replies (2) \| Respond to of 21342

jim-- i think DR. makes a very good point about the deployment at GTE ILEC and why it didnt go to WSTL. GTE is interested in getting started, they dont want to upgrade their backbone network immediately. one point that does need to be addressed is the non-exclusivity of the contract, that is to say that WSTL will likely get some of the contract. and, we still have the clec. this announcement really dissapointed me. i knew it was coming, had heard it for months, but i simply could not believe that WSTL would not get it. the one positive things is that i have not heard we lost BEL. believe me that is the big contract in north america. a few things i would like to address: 1) the AMTX merger. this has been looked at as a negative from the beginning. what you and others have to understand is that WSTL didnt need the company. we got everything and more with the TXN partnership. the talking heads on wall st. place far too much importance on IP. bottom line, losing AMTX was GOOD. 2) these little ISP contracts. remember that in the early 80s sprint and MCI were nobodies. if the FCC does what it is supposed to do, these little guys will become big players in the local loop. yes, execution at the company has been piss poor, but that is changing. what we have to do now is wait for them to show us results. if they dont, or if you want to get out, then by all means get out. so what if you miss the opportunity? there are so many good plays out there right now, why wait for WSTL? i know this sounds contradictory coming from me, but i can afford to wait, and that is exactly what i am going to do. but i realize it may be six months before the price is again above 15. if you dont want to wait, dont give yourself an ulcer over this. just get out and put the money somewhere else. good luck to all, trey