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Non-Tech : Amati investors

AMTX 1.595

-8.1%

Feb 5 3:59 PM EST

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To: x70sxn who wrote (3407)	9/4/1996 10:45:00 AM
From: Gopher Baroque	of 31386

Is this "News Lite" or what? Of the 3 items released, 2 were to say Amati demonstrates it has a working product. Big deal, we already knew that. The other one says they're moving and I wonder "how much is that going to cost? More one time charges to bring down the next quarter's earnings (if there are any).". I'm frustrated with Amati right now. They said they would release all this important news about future contracts (they haven't). They still haven't posted year-end earnings (although they're quarter ended 7/31). What's the hold-up? Is there a big problem with the financials that I don't know about? Generally, earning's delays are a very bad sign and I'm starting to get nervous. Anyone know more about Pat Mudge's forcast of big news or Amati's year-end earnings? - Gopher

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