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


To: Charlie Smith who wrote (11549)6/14/1998 9:48:00 AM
From: Skiawal  Respond to of 21342
 
Charlie...I ASSume that the Dr. is indicating that LU will Buy WSTL for STOCK and Not cash based on specific reasons??? I ASSume that he does know that LU can buy companies for cash now. That is common knowledge!



<<Does anybody know why LU is precluded from buying or investing in WSTL
till SEPT?>

They aren't. They can buy anybody they want as long as they use purchase
accounting, transactions which are usually done for cash.>>