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


To: bill c. who wrote (13943)11/7/1998 10:52:00 PM
From: steve s  Respond to of 21342
 
Bill C.

<<< 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.>>>

That's Westell for you,.....being ultra conservative. MZ also said that they could possibly get through " by the skin of are teeth, but that's not Westell's policy".

Good luck with PAIR, I am sure PAIR will also do good in the up and coming future.



To: bill c. who wrote (13943)11/7/1998 11:53:00 PM
From: Dave Krishna  Read Replies (1) | Respond to of 21342
 
Bill,

I am saddened to see that you have sold, you have contributed so much to the people on this thread and the many lurkers you don't even know.
I hope you will continue to post.

<<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.>>

Although this sounds bad, I believe this is the reason for this past week's price increase. This issue had to be addressed by the company ASAP and I think that is what happened at this Tuesday's board meeting. Some kind of financing was arranged. Personally, I think the board has decided to sell the company. We have not had this kind of weekly volume in Westell stock in a very long time. I cannot believe it is solely from the accumulate rating. ALL IMO

Wish you the best Bill,

Dave