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

To: Kevin Thompson who wrote (10878)	5/18/1998 10:10:00 PM
From: srvhap	Read Replies (1) \| Respond to of 21342

Hi There Kevin, I wouldn't necessary say that 3MM shares 1MM from maybe the owners (Who hold 65% of the outstanding -- tho it could be from others etc..) is bad. When I mentioned the overhang on WSTL it was 20MM shares not 3MM there is a bit of a difference in my book - plus look at the TOTAL float for both companies.. Also, we need to wait for the filing from Orckit before passing judgement about who is selling (tho I well say here and now that I don't think that if the owners sell - in this case - that it is a bad thing. I believe that in this company and I believe that the owners are there to increase your (if you are an investor) and my wealth. I don't see this as a negative, but rather a positive. There have been those that say that GTE , etc., is fluff but for my money this signals a ramp in production. Hey but one thing is for sure -- time will tell.