StockIceMan's Weekly Stock Pick
Week of
January 31, 2005
| Stock: |
Westell Technologies, Inc. |
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| Ticker Symbol: |
WSTL - Nasdaq - Communications
Equipment |
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| Buy: |
7.00 to 7.25 |
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| Sell: |
10.00 + |
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Info: |
Westell Technologies, Inc.
is a provider of telecommunications network
transmission products that enable
telecommunications services over copper
telephone wires. The Company has two segments:
equipment sales and teleconference services. In
the equipment segment, it designs, manufactures,
markets and services a range of digital and
legacy analog products used by telephone
companies and other telecommunications service
providers to deliver broadband services,
primarily over existing copper telephone wires
that connect end users to a telephone company's
central office. The service segment consists of
a 91.5% owned subsidiary, Conference Plus, Inc.,
which provides audio, video and Web conferencing
services. Businesses and individuals use these
services to hold voice, video or Web conferences
with many people at the same time. |
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| Financial Info: |
For the six months ended
9/30/04, revenues rose 3% to $117.6 million. Net
income fell 20% to $7.7 million. |
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| Key Ratios: |
Current
Ratio: 2.14, Total Debt/Equity: 0.006, Trailing
P/E: 16.58x, Forward P/E: 14.82x, Price/Book:
4.82, Price/Sales: 2.05 |
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| Share Info: |
There are 68.40
million shares outstanding with 53.20
million shares in the trading
float. Institutions own
approximately 42.32% of the shares outstanding.
There have been no insider purchases and 2
insider sales totaling 20,000 shares in the last six months.
Real-Time SEC
Filings
As of 1/5/2005, there were 970,000 shares short.
Net Institutional Selling: 675,000 shares: prior to latest
quarter. |
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| Articles: |
Westell to Present at the
Brean Murray & Co Annual Institutional Investor
Conference |
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