To: Frank Ferrari who wrote (14975 ) 1/30/1999 5:01:00 PM From: Michael F. Donadio Read Replies (2) | Respond to of 21342
Frank, Westell will have its day. Check out this post from William Clopton that was on the Aware thread:exchange2000.com AWRE Book Value $1.77 Price to Book Value 23.47 Revenue per Share $0.30 Price to Sales 133.7 Market Cap (Million) $829 WSTL Book Value $2.01 Price to Book Value 3.55 Revenue per Share $2.37 Price to Sales 2.95 Market Cap (Million) $255As for Tuts: biz.yahoo.com ''They [tuts] are in a sweet spot of telecom,'' [also true of Westell] said Gail Bronson of market research firm IPO Monitor, adding that the company's efforts in DSL, or digital subscriber line technology, are meeting with success. DSL provides lightning-fast access to the Internet over standard copper telephone lines. Based on the company's 11 million shares outstanding, it ended the day with a market value of about $620 million.Not bad for a company that had a loss of $13.7 million in 1998 on revenue of $10.6 million. It is also targeting the home networking market, a now nascent industry that is forecast to surge. Market research firm Yankee Group forecasts there will be about 5 million new home networks by 2000.Tut's 1998 loss widened from the $9.2 million it lost in 1997 on revenue of $6.2 million. ****** Which would you invest in? My answer is Westell. Why pay $40 or $53 when Westell is at $6.75? It isn't going to take a rocket scientist to eventually figure out where the bargain is and a conservative quess as to where its going. That is why I will continue to buy Westell until the rest of the investment community catches up. Txn, Mot, Ala, ADI, PTT,BT, BA -- and through BA -- AOL. The board is getting set up and I like Westell's position. Frank I hope sure you're smiling. Right now it will have to be an inner smile though. All the best, Michael