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

To: Michael F. Donadio who wrote (13941)	11/7/1998 10:13:00 PM
From: bill c.	Read Replies (2) \| Respond to of 21342

Michael, It came down to a few things: 1) The side stepping on the financing question. This was the first time I heard they didn't have the cash to make it to mass deployment. As a long, "no options" I could wait out this short term price pain. If I wanted I could of called the company, but they would have given me the COMPANY answer. I'll read it in their SEC filing, like when Gary left the company. 2) Those Class B shares and the Penny Family Trust. I don't trust our largest share holders and they control this company.. IMHO. 3) I've heard both Westells and Pairgains CCs for the last few quarters. Pairgain has been on the correct path for 2-3 years. Bank roll ~200million in HDSL, plan for ADSL for year 2000 and don't compete with ALA on price. Even with Pairgains ADSL R&D they made money last quarter. I may miss the BIG up swing in Westell, but with $25 million in the bank + a $15 million loan, I'm unclear they can make it to year 2000 and mass deployment. I wish Westell and all the stock holders the best.... until later. PS. I'll take my chances with Pairgain.