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Non-Tech : Amati investors
AMTX 1.460-6.4%Dec 12 3:59 PM EST
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To: j rector who wrote (17649)5/14/1997 2:02:00 PM
From: B.REVERE   of 31386
 
[EARNINGS ESTIMATES]-- While I don't put a lot of credence
into analyst's projected earnings, the market does. Both
Zack's ans stocksmart have drastically changed their views
on Amati's outlook for fy ended 7/31/98. Last week, both still
had losses of around (.14) for the year. Today, both posted
estimated earnings of .24, obviously the GTE announcement of
their intended deployment later this year got their attention.
An analysts's upgrade along with these revised numbers should
get the market's attention.

Later,

BR
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