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


To: Mad Bomber who wrote (15163)2/13/1999 4:24:00 PM
From: Marc T. Archer  Respond to of 21342
 
>Are you waiting to speak out on this until BEL announces the bad news and phantom financing dissolves?? I can't wait to read that fiction!<

At the risk of sounding repetitious, this financing issue to me is the one that's at the top burner. Cash is running out FAST and we STILL have NO news regarding this. Even Westell admits that this is a concern. Correct me if I'm wrong but hasn't the market valued Westell for it's T1 and video conferencing "sans ADSL" for the last year, which is why we're were we are? Evidently the market KNEW that Westell's ADSL was in the dumper and valued the company accordingly on it's remaining assets. I now believe that Westell would be VERY LUCKY to be bought out at anything above 10. They BLEW IT big time!

Damn shame someone didn't go ahead with a lawsuit last year and took this POS company out then. It's probably too late now since they've covered their ass's too well since then.

I've just got one more question. Since I've never seen it asked here on this thread before I'll ask it myself. DR. TECH, are you Joel A, yes or no? And don't give us that cryptic crap your SO good at.

Sorry for venting but I've just plain HAD IT with this POS company!

MTA