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Non-Tech : Amati investors
AMTX 1.360-1.4%Dec 26 9:30 AM EST

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To: John Morrison who wrote (15247)4/25/1997 8:50:00 AM
From: Walt Deemer   of 31386
 
["The bears should be challenged..."]

>>>The bears should be challenged to provide objective evidence to support their comments. They post crap like " Boston trip is disastrous" without any evidence, any proof, any substantiation while labeling anyone expressing any positive as a hyper.<<<

1. I am not a bear on Amati. The tremendous future potential of ADSL tells me I should be a bull on Amati -- but the stock's action tells me I should not be ("Don't fight the tape"). The truth is in there somewhere, and I am trying to find out what it is.

2. The Boston trip WAS a failure. The company went there to convince some major institutional investors that they were worth investing in, and the major institutional investors didn't buy the story (just like the attendees at the Goldman Sachs conference didn't buy Amati's pitch). When Amati looks these money managers in the eye, makes their best pitch, and the money managers say "no thanks", I do not automatically assume that I, from my vantage point, know more than all of them do.

3. "Without any proof?" Look at the NASDAQ new low list yesterday. Res ipsa loquitor.

Respectfully,

Walt
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