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

To: bill c. who wrote (13672)	10/22/1998 6:38:00 PM
From: Skiawal	Read Replies (5) \| Respond to of 21342

Bill...Just finished listening to CC. Although orders are starting to come in, it appears to be a long LONG way off (2000) until the orders will be substantial enough to generate profits. Looks like we have a long way to go... Forward Pricing was a killer last qtr. (Now we know what Dr. Tech was eluding to) WSTL can be profitable tomorrow if they sold off their ADSL business but have no intentions of doing so. MZ stated several times that current shr. price is significantly UNDERVALUED...I wonder what he thinks a reasonable value is??? WSTL will no longer make frivolous announcements...Their announcements going forward will be of substance. MZ gave the usual "lots happening but can't talk about it" One interesting comment on BA...MZ said BA announced they had 13,000 orders and MZ gave a comparison of cable companies use an average of 1% take rate. WIth BA offering up to 7 million lines by 1999, that would be 70,000 modems. He went on to say with marketing or even aggressive marketing (as BA is doing) he said you may be able to assume 2 -3%. That would be 140 - 210,000 modems. On Q there was a loss of $750,000 indicated from forward pricing and as of this quarters release it was increased to $1.7 million which was a direct result from more ORDERS coming in since Q was filed. MZ said 1999 will be tough and they will most likely NEED $$$$$ but will only raise the $$$ under the right terms and best interest of us the shareholders...WE CAN ONLY HOPE!! Conclusion...nothing until the year 2000...pray for a buy-out.