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Technology Stocks : Amati Communications (AMTX)- Strong Buy
AMTX 2.095+19.0%Nov 7 9:30 AM EST

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To: CLint Doan who wrote (8)7/11/1996 2:11:00 PM
From: Richard Depp   of 132
 
The Market is obviously rough today, but one of the topics on CNBC's Squawk Box tomorrow (Friday the 12th) is ASDL. I can't remember which company's CEO is on but it may light a fire under these stocks. I bought alot today at about $14. Once the market turns around it may be difficult to by back in to the stock in large volume because of a rapid push up in price. It has corrected over 50% and it is in the hot earnings arena of internet/communications networking. Unlike other technology, this is the one area that the pro's like for earnings growth (eg. Ascend's upgrade this week)
I may regret it, but you have to be in this stock at some price. You can't call the bottom exactly, but the stock has some technical support at this level.

Richarddd

Maybe a better investment would be in Tagamet. I think sales will be up this week!
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