Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Skiawal who wrote (13673)	10/22/1998 6:57:00 PM
From: Leroyt	Read Replies (1) \| Respond to of 21342

Ski, As I heard in the CC: 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. As I understand this, the company is taking losses from the low volume shipment of DSL modems. This number needed to be increased (and negatively affecting this quarter's numbers becasue there were MORE modems shipped than expected. If that's the case, then orders were OVER 2X what was expected! (Sounds good to me) Is that correct? And if so, the more negative numbers indicate a more RAPID (i.e. GOOD) sales rate than expected. Would you comment, thanks. thanks and later, leroyt

To: Skiawal who wrote (13673)	10/22/1998 8:00:00 PM
From: Charlie Smith	Read Replies (1) \| Respond to of 21342

Skiawal: 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. From the last conference call: Message 5299943 Looks like we're in the ballpark. Charlie

To: Skiawal who wrote (13673)	10/22/1998 9:10:00 PM
From: Marc T. Archer	Read Replies (2) \| Respond to of 21342

>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. That's the part that worries me! If there going to have enough CASH to stick it out. Kinda like the stiuation Amati was in last year. Amati kept telling us there was NO problem and in there words "suitors are lined up down the hallway" wanting to invest cash. Well, we later learned that was a lie, plain and simple. At least in Amati's situation we got damn lucky that TI came in and bailed our ass's out. There was no way in hell that Amati could have lasted this long! IMHO, I think a buy-out is the ONLY way the shareholders are going to do okay with Westhell. It also worries me that offers for the company haven't exactly come flooding through the door even with the share price so low for so long. MTA

To: Skiawal who wrote (13673)	10/22/1998 10:23:00 PM
From: bill c.	Respond to of 21342

Skiawal, Westell is going to lose money into the year 2000. They are going to run out of money before then, and we have to cross our fingers that they can find the financing during 1999. The largest stock holder is the Penny family. It's been discussed before on this thread, but could the Penny family trust take the company private? This accounting method is speeding us towards bankruptcy. We're lucky we lost the GTE-ILEC, BC and JPC contracts. We would be bankrupt today with those contracts... until later.