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Technology Stocks : WSTL/AMTX -- The Unbeatable Combination
WSTL 6.080+1.2%3:56 PM EST

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To: Hiram Walker who wrote (55)10/5/1997 12:07:00 PM
From: j rector   of 115
 
[ Insolvency of AMTX ]

5MM is not a whole lot of $$. If we were talking 20 MM,
I'd be a little more concerned. However, it is now obvious
(actually it was obvious from AMTX's last quarterly report)
that AMTX had zero/zippo cash. I'm suprised that they
couldnt get an advance from Siemens/NEC/BCtel/GTE. 5MM is
a pittance to these guys. Maybe it indicates that AMTX did
not have anything really sewn up.

I wonder if WSTL shot the gun to avoid losing BC to Alcatel?
(see jeremic postings on AMTX thread)
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