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To: Vladimir Zelener who wrote (12639)8/13/1998 8:10:00 PM
From: bill c.  Read Replies (1) | Respond to of 21342
 
[ Mr Seamans' retirement agreement ]

I don't think Westell would need this type of agreement if Gary left on good terms. This sounds like hush money to me.... until later.

... In connection with Mr. Seamans' retirement from the Company in April 1998, the Company and Mr. Seamans entered into a retirement agreement (the "Retirement Agreement") in which the Company (i) provided to Mr. Seamans $760,000 and (ii) agreed to reimburse Mr. Seamans for certain income tax planning expenses incurred through December 31, 2000, in an amount not to exceed $25,000.

Under the Retirement Agreement, Mr. Seamans agreed (i) not to compete with the Company for a period commencing upon the date of his retirement and ending December 31, 1999, (ii) not to solicit any current employees of the Company, and (iii) not to engage in any form of conduct that disparages or otherwise impairs the reputation, goodwill or commercial interests of the Company and its officers and
directors
...


www4.edgar-online.com



To: Vladimir Zelener who wrote (12639)8/13/1998 8:23:00 PM
From: bill c.  Respond to of 21342
 
[ Annual Meeting on Sept. 9th ]

The Annual Meeting of Stockholders of Westell Technologies, Inc., a Delaware corporation (the "Company"), will be held at the Company's Corporate Headquarters, 750 North Commons Drive, Aurora, Illinois on Wednesday, September 9, 1998 at 10:00 a.m. Central Daylight Time for the following purposes:

1. To elect eight directors; and

2. To consider and transact such other business as may properly come before the Annual Meeting or any adjournment thereof.

The Board of Directors has fixed the close of business on July 24, 1998 as the record date for determining the stockholders entitled to notice of and to vote at the Annual Meeting.



To: Vladimir Zelener who wrote (12639)8/14/1998 8:12:00 PM
From: Ahmad Ascha  Read Replies (1) | Respond to of 21342
 
<Even though your argument is a killer, I am not sure I can agree with you 100 %.
For consumer who can get cable service you are correct, ADSL is not competitive,
but for the businesses, paing $400 a month for dedicated T1 with garanteed
bandwidth ADSL it seems to be more cost effective. The big advantage ADSL has
(especially outside of the US) is that there is 10 to 100 times as many telephone
lines in most of the localities as there are cables.>

Figure this one out:

What is the consumer market?

What is the business market?

Where do you think the money is ?

AA