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Non-Tech : Amati investors

AMTX 1.565

-3.4%

1:08 PM EST

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To: iceburg who wrote (14291)	4/15/1997 12:50:00 AM
From: Tom Doughty	of 31386

iceburg: Seems to me you make my point. You say: << I'll give you all the bottom line. Amati is bankrupt. They would file chapter 11, except their technology is good enough that it will command financing from private investors, keeping them afloat for a while. This is great, except: 1: The people lending them the money are not willing to pay these exorbanant (sp?) prices. 2: The people who provide the financing will be preferred share holders and as such will have all rights to the technology should Amati fail and go under. 3: By the time ASDL becomes a real force, there will be well funded, well organized competition for Amati.>> This is your (unverified, but possibly accurate) opinion. Pat has hers. I subscribe to hers for now. If I'm (or Pat's) wrong and you're right, are you to blame for my error? (I won't touch your unsupported "bankrupt" assertion.) Sorry, I still don't get it. Regards. -- Tom D.

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