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Westell Technologies, A Possible Turn-Around Play Trading Well Below Cash

January 6th, 2020 · No Comments

  • Years of declining sales and CEO turnover have left the shares of Westell trading below cash.
  • The new CEO is cutting costs and diverging resources from ailing product lines which are piling up inventories and write-offs, to products with more prospects.
  • If that works, the payoff for investors could be substantial, and given that the company isn’t in immediate danger there is time to get this right.

Source: Westell Technologies, A Possible Turn-Around Play Trading Well Below Cash – Westell Technologies, Inc. (NASDAQ:WSTL) | Seeking Alpha

Tags: WSTL