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Technology Stocks : Amati Communications (AMTX)- Strong Buy
AMTX 2.055-1.4%Nov 4 3:59 PM EST

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To: Spaw who wrote (2)7/10/1996 6:46:00 PM
From: CLint Doan   of 132
 
Spaw,
Yes, it is the old news. At current level trading, I think it is a good buy. The potential upside is huge, I personally knew, many RBCOs are evaluation for Amati standards, this included the long distance providers and whomever finished their testing for standards, they are happy with it.

The Nasdaq stocks got hit due to second earning, most of the companies are under analyst estimated. When one big guy did not made it the the analyst expected then the whole industry got hit.

Not only AMTX but also WTSL got hit big time- it down from $54.00 to $25.00 within 3 wks. Even WTSL recently got the contract with a Canadian telecom. I see the market pickup if the FED is not raising interest rate and within next couple of weeks when most of the companies due their 2ndQ earning.

Good luck,
Clint
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