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Non-Tech : Amati investors

AMTX 1.570

+1.6%

2:01 PM EST

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To: Noneyet who wrote (14233)	4/14/1997 8:44:00 PM
From: j rector	of 31386

[AMTX at low relative to peers] A few weeks ago AMTX was at a trading high relative to its peers. What I'm trying to say is that short term fluctuations are just that. Without earnings, the company is valued on feel. I happen to feel that earnings are out there in a few years and that the company is way undervalued. Others may feel differently, but until there are earnings, or at least $ attached to contracts so analysts can make an educated guess as to what earnings are, the price can go anywhere. Given that the current stock price is not affecting the ability of AMTX to generate contracts I would love to see it go down further and buy more. However, the problem with this is that at sometime, the company is going to need more cash.

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