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Non-Tech : Amati investors
AMTX 1.810-5.5%2:23 PM EST

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To: Mad Bomber who wrote (14077)4/12/1997 7:37:00 PM
From: pat mudge   of 31386
 
Market reaction to Sumitomo]

<<<Has the management been dissapointed by the reaction of the market following that announcement?>>>

Yes, there were very disappointed. They've watched all the DSLs and seen what happened to good news without dollars attached. Even when they popped, they fell again.

I don't think they could have explained the significance of the Sumitomo announcement. This is for others, like technology press or other journalists, to do. I think the significance has been discussed here by several besides myself.

What's happening to the stock now is not specific to Amati. It's the result of the market.

Take a look at Westell if you want to see what good news --- even expected good news --- can do. It's holding up extremely well based, I believe, on an upcoming contract with one of the Bells.

Regards,

Pat
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