Westell Technologies Inc (WSTL)

[bbhuey]

They made a lot of positive changes .
They will reduce their rent by $1.5 M per year starting in October. Award of the First Net contracts to start in April. Company already had 2 first net products and bolt on hardened battery packs and enclosures for this matket.They had a lot of software licensing business that they were booking
but has to spread over the term.
Great positive cash flow actions and increase in dross profit margins to 40 percent from the 30s.