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Non-Tech : Amati investors

AMTX 1.510

-7.4%

Dec 5 3:59 PM EST

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To: j rector who wrote (17033)	5/8/1997 1:11:00 PM
From: mike angelo	of 31386

j, >My problem w/AMTX has always been: when is the market going to value the company based on future earnings when it has incredible potential, but none today.< Exactly j. Announcements w/o contracts are only going to take it so far. I told myself I would sell all my shares on Wed. morning if no Interop contract announcements came. I didn't listen to my own advice and sold at around 12 today. No more chances to lose capital again. I will be watching AMTX carefully and will end up buying a lot if a contract comes through or the xDSL sector catches major fire. I think a good potential might be to buy long term calls. If there is a major contract announcement, this stock will blow by 17 in a heartbeat. The Oct. 17's look cheap IF that happens. I am still of the opinion that nothing major will take place until '98. I hope I'm proven wrong. Mike

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