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Non-Tech : Amati investors

AMTX 1.380

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Dec 24 12:59 PM EST

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To: Andy Donati who wrote (27744)	10/23/1997 4:35:00 PM
From: pat mudge	Read Replies (1) of 31386

[Westell numbers] For the three months ended Sept. 30, 1997: total revenues were &21.7M, prepresenting a 3.0% increase over revenues of $21.1M in the same period last year. . . . the loss from continuing operations was $4.5M or .12 per share, compared to a loss of $1.9M, or .05 per share in the same quarter last year. "The increased loss was expected and was driven largely by year over year increases in research and market development costs of approximately $3.0M, primarily to support new product developments, such as testing and trials of the Digital Subscriber Line Access Multiplexer (DSLAM) and Rate Adaptive Digital Subscriber Line (RADSL). Also there was an increase of approximately $1M in general and administrative costs to handle expanded corporate infrastructure in domestic and international operations, which included $100,000 non-recurring expense. . . ." I don't know if this is in line with expectations. Pat

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