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Non-Tech : Amati investors

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To: Michael Hart who wrote (18079)	5/22/1997 5:19:00 AM
From: Cliff Wood	of 31386

Mike, agree with you. I have attempted to raise these issues in the past in the hope of gaining some insight into how JS et. al. plan to create a viable business enterprise. I spent many years in the ag. chem. biz. One of our good researchers often said the best molecule always wins out in the end. He was wrong. Often a less desireable molecule (as God sees it) wins because the supplier does a better job of putting together the marketing mix. Technological superiority provides the firm an opportunity to win the race but it still has to run the race faster than the comp. An analogy would be the athlete with superior physical attributes who doesn't see the need to train to build his strength and practice his starts. He will win until he is up against good comp. Then his inattention to the fundamentals becomes apparent. We don't need to see the detailed plans but amtx will never become a world class communications company until it learns to communicate. I'm hanging on to my shares in the hope that the mgmt will be able to pull it off. But, you can't win the war without winning some battles. Regards; Cliff

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