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Non-Tech : Amati investors
AMTX 1.470-5.8%Dec 12 9:30 AM EST
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To: Robert Page who wrote (23913)9/1/1997 1:54:00 PM
From: N/E PATSFAN   of 31386
 
[ Earnings ]

Bob, I agree that earnings are not important at this time. This is the maturing of a development company into an operating company. My point is that from reading this board it appears that there are many new investors who may have been attracted to the stock by its' momentum. Short term investors, daytraders, etc may be expecting more from the earnings front than long term buyers. While a lot of us have invested for the long haul, I believe there are many new comers that are looking for instant gratification. The recent earnings report, while unimportant to many of us, no doubt may not be what others were expecting. That said, the short termers may still find their gratification via contract announcements if they have the patience to stand pat. I for one have established a position in this stock which I plan on holding for a long time barring a buyout or merger. As Pat said, it may be wise to continue to average up on positive news/announcements. That wasn't my intent after establishing a set position but based on future activity I may reconsider.

Regards & good luck to us all !

NEPF

PS: Happy labor day to all. Unfortunately raining here today but beautiful yesterday and Pats won 41 - 7 over Chargers. Hey, how bout' them Jets!
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