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Technology Stocks : Amati Communications (AMTX)- Strong Buy
AMTX 2.085-2.3%Nov 3 3:59 PM EST

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To: Mitesh K. Tilva who wrote (33)8/3/1996 4:17:00 PM
From: CLint Doan   of 132
 
Mitesh,
I don't think it 's too late to buy this stock. I think it is a very good price at this level $14.385. I bought some at this level. This stock will heading to the mid-$20 by the end of the month and possible of $30-$35 by mid-sep. And after september. Watch out. Take profit at the $25-$30 level.

I am patiently waiting for the anouncement from GTE this month regarding to their ADSL trail. If Amati is their selection, and you know what ...... don't sell this stock. It could hit to $120.00 by next summer.

I tested their product, it unbeleivable fast. I am looking for Cisco to buy out this small company in the future. Confidential, U.S Robotic and Ascend are hunting to buy the ADSL technology.

The champion on this is AMTX. Why?? They holding the standard on ADSL/DMT. Pairgain is my second choice, then Westell (they are getting technology from Motorola who is working with AMTX. Next are Orchik, Aware, etc...

This is a very new technoly and you know 1% of the world market is about $3.1 billion dollar. If next five year, the market expanding to 10%, we are talking about $40.00 billion dollar market. One of the greatest or fastest jump in industrial history.

Good luck,
Clint
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