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: Mad Bomber who wrote (14426)	12/27/1998 11:21:00 AM
From: bill c.	Read Replies (5) \| Respond to of 21342

Happy Holidays... iionline.com .....Westell Technologies For more aggressive investors who would like test their fortunes on an ADSL pure-play, we recommend Westell Technologies (NASDAQ: WSTL). Some industry experts, such as Joel Achramowicz, an analyst with Preferred Capital Markets, believe that the key ingredients for success within the ADSL technology sector are strategic partnerships, distribution channels, and manufacturing. That is exactly what Westell brings to the table. Westell, which makes a range of digital and analog products used by telcos to deliver services primarily over existing copper telephone wires, enjoys close ties with several telecommunications equipment manufacturers, including Motorola and Lucent Technologies (NYSE: LU). Westell also boasts a reputable customer base, which includes among others, RBOCs and GTE (NYSE: GTE). Bottom Line: Achramowicz recently upgraded shares of Westell to a Buy with the price target of $10. The stock was recently quoted at $4.63. Achramowicz noted in his report that "Westell is significantly undervalued at this juncture. The company's position with Bell Atlantic's (BA) major ADSL deployment will represent growth in CY99 as that company continues to ramp up subscribers at a geometrical rate."