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Non-Tech : Amati investors

AMTX 1.430

+5.5%

3:37 PM EST

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To: kenneth kountz who wrote (12197)	3/19/1997 2:12:00 PM
From: pat mudge	of 31386

[H&Q and God] Kenneth -- Somebody faxed me a H&Q telecommunications report and since there's no first page, I don't know where it came from. It's absolutely bullish on xDSL and specifically mentions Amati so I have to assume it came from God. :)) I'll have to type it out since I don't have a scanner and that's going to take some time, but I'll get it up within an hour. A few excerpts: ". . . we believe the majority of the local loops will remain copper for at least the next five years. . . that the telephone carriers will need to seriously consider newer technologies such as HDSL and ADSL for use in Internet access. . . that the voice network will be integrated into these technologies so that the average residential consumer will be able to receive all applications across a single pair of copper wires. . . that PairGain will remain as one of the leaders. . . and also ADNT. . . TLTN. . . WSTL. . . AWRE. . . and AMTX. . . Additionally it is becoming more apparent that ASND and CSCO will be increasingly active in this developing market.. . . ." More later. Pat It's going to

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