SI
SI
discoversearch

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: Trey McAtee who wrote (11254)6/4/1998 2:30:00 PM
From: kenneth kountz  Read Replies (2) | Respond to of 21342
 
Trey:
This is pretty interesting. No trades in WSTL in the last 1/2 hour. Any sage comments on this inactivity?? Also, why would LU be interested in WSTL?? Do they really need the technology that WSTL has??



To: Trey McAtee who wrote (11254)6/4/1998 5:32:00 PM
From: Vladimir Zelener  Read Replies (1) | Respond to of 21342
 
Trey,

<< i simply can not believe ALA is paying that much for DIGI. i'm not complaining, but it just seems a little rich.>>

If you look at last 4 Q DIGI sales it is $2 billions in revemues with sales increasing 3 out 4 Q. So when ALA is paing $4 billion in their just recently appreciated stock it does not sound rich to me. Rather the other way around, It looks to me like DIGI's CEO (to be replaced) is trying to make a fire sale. I am not sure it will be approved by the board.

BTW just 3 or 4 months ago when ASND droped to $22 there was a rumor that LU and Nortel offered $35 trying to exploite the temporary stock price drop. According to rumors ASND rejected this offer but left the door open. This pulled their price to current $45. If LU still wants ASND after October, I think they will have to pay $55 - $65 in stock transaction.