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Non-Tech : Amati investors

AMTX 1.470

-5.8%

Dec 12 9:30 AM EST

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To: David Nelson who wrote (23861)	8/30/1997 4:40:00 PM
From: Richard D	of 31386

<<and me for holding them through their quarterly report>> Like we seriously believe you own AMTX. The closest thing you may be holding is a short position in AMTX. I hope you are because the truth will be apparent by mid-Sept., IMHO. No one knows what the share price will do on Monday, but anyone who seriously follows this company knows that Amati shouldn't be held accountable for losses at this point. Once they are profitable, then yes it will be important. I expect this to happen in their next quarterly earnings report. Aware got punished because their earnings were decent while there R&D costs were down. Using the same logic, Amati may go up on this report. The bottom line, though, is that this report is inconsequential and could only have affected their long term value if it were positive earnings, or they were running out of cash with no prospects of near term financing. Take the blinders off and put the report in context. Oh well, a short fool and his money... --Richard

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