- 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.
Westell Technologies, A Possible Turn-Around Play Trading Well Below Cash
January 6th, 2020 · No Comments