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

To: Mad Bomber who wrote (15875)4/17/1999 2:19:00 AM
From: P314159d  Read Replies (1) | Respond to of 21342
 
>>This looks like stop-gap to me. 20 mil is not that much

That is about right, MB. Estimated FY99 sales @ 93m, Total Expenses @66.5m and losses @ 36m. Factor in cut of 11% of expense @ 7.3m (could be better if they axed the higher costs). And you can see that 20m (minus IB fees) w/ 6m in the bank as of 4/99, leaves you high and dry before the war on ADSL even begins!

They gotta have more in the works or ... not?


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