To: Zephod who wrote (11828 ) 6/30/1998 3:20:00 AM From: Eric Goethals Respond to
Dave,It's possible that an agreement might have already been reached. I'd be willing to bet though, if that's the case, only the Trustee's, Robert Penny & Melvin Simon and the board know about it to avoid another situation similar to what happened with Amati. I spoke to a financial lawyer and he told me the Trustees have the power to vote for the trust, they can make the decision without polling the beneficiaries, & that they have a fiduciary responsibility to act in the best interests of the trust, which I would think would mean voting whatever the board decided was best for themselves & the shareholders. Bottom line, if it's done there might not be any leaks this time. I agree with that, but there's also another way to look at the situation. I'm beginning to think their partnership with Lucent is more than meets the eye. I was really encouraged to see Lucent is marketing the DLSAM. They also seem to be involved in several products that will become available later in the year. When these products hit the street it could be huge for Westell.
