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Non-Tech : Amati investors

AMTX 1.585

+14.0%

Jan 2 9:30 AM EST

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To: salim salloum who wrote (14322)	4/15/1997 10:07:00 AM
From: Bob Smith	of 31386

[why some people sell...] Salim, <<if the stock drops 52% in 6 weeks that is oddly enough due to insiders knowledge of the seriousness of their dilemma which should have been conveyed to us(shareholders) i am not going to lick my deep wounds and cuts on this one i will do more drastic measures that will definitely drop the price to a level the insiders KNOW it will go down to for their buying pleasures>> I believe some of the insider selling can be attributed to Uncle Sam and the CAPITAL GAINS made on Amati last year. I know that I am personally in the same situation and need to sell a little to pay for last year's success. AT these levels, nobody wants to sell but some people NEED to. Why the lack of annoucements? My theory --------------------------------------- When you look at the lack of INSIDER BUYING and the lack of announcements can one consider that there may be a suitor on the horizon. Think of it, an insider cannot buy once they are aware of a possible takeover and any announcements, partnerships or contracts would all need to be "considered" during this period. Remember we thought the Siemens agreement was to be announced shortly after/during CEBIT. There must be a reason for these delays. Perhaps I'm being naive but it's an idea... I kept playing in my head: * "IBM guy told Pat"....Amati stock is a keeper * Excellent partnerships with TI, Motorola & NEC Can someone confirm this comment..."an officer can't buy IF there is a merger/takeover situation?" Keep the faith, and good luck to all. Bob

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