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


To: kenneth kountz who wrote (10385)4/28/1998 3:11:00 PM
From: Trey McAtee  Read Replies (2) | Respond to of 21342
 
ken--

i disagree. i thik he was cut out a long time ago. lets be plain about this. i am sure that corporate counsel went to the board last fall and said either he goes or we are going to get sued. yes, he may have had some medical problems, but i think he was forced out and wants revenge. or, maybe its just that he wants to put WSTL behind him.

the point is that speculation is useless, mostly because it breeds still more speculation. what do we know? that the former CEO is selling shares. lets not read anymore into it than that.

as a side note, he has raised maybe a couple of million from his sales. if he is really ill, maybe he has realized you cant take it with you and had decided to live well until the end. at any rate, a couple of million for a nice house, a really nice house, isnt too much.

good luck to all,
trey