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Non-Tech : Amati investors
AMTX 1.735+2.7%11:58 AM EST

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To: pat mudge who wrote (29259)11/22/1997 11:53:00 PM
From: Tom Doughty  Read Replies (3) of 31386
 
Hi Patricia:

Wouldn't you know:

I go back East in October and return to find AMTX bought by WSTL.

I go to Palm Springs in November and return to find AMTX bought by TXN, this time for cash.

Maybe I should go camp out at the motel down the street next week and flush out a new bidder at 23 or so !!!!!

Anyway, I just bought a potful of Jan 20s on the commission I will save if this deal closes as scheduled. Seems like as good a use as any--a longshot--tho I think this deal is underspriced by a good 8 bucks. (It is richly ironic that some Chicom nomenklatura bureaucrat in Hong Kong will have DSL before I will.)

I am gradually dumping all the SI and AOL messages I've saved over the last two years (many of them negative, and those often take a passing swipe at you). So I can't help but mention once again that right to the end your calls have been spot on: most recently of course, ADI and ALA both licensing as you predicted, and then even calling a November announcement--which I think you must have done from horseback.

Since there will never be an additional 29,000 Amati posts on SI, whatever happens, the tail end of the SI Amati record should remind the readership of your accuracy, and complete absence of any agenda, only unselfish info-sharing.

Your posts and your unflagging faith in Amati made it a wee bit easier for me to more than triple my intended holdings just when it looked darkest: last May's long slide to around 7, and the recent quick and nasty drop below 11. I hope others did the same. ( I was always jealous of you and Jim having gotten in when it was ICOT and around 5 or whatever.) Even at 20, though I don't have the blow-out 10-bagger I was hoping for, I will make a boatload simply because I bought so much (for me).

You and the Rocketman have been marvelous custodians of this thread.

How about we agree that:

[1] If another suitor shows up and the price pops 8 dollars before the deals closes, we have dinner at JW@KSC's place just before a night launch. And not to forget Mark Lewin--all of us from the Interop dinner. I will buy the food, the champagne and the tickets down.

[2] No new bidder and I buy the meal: the tickets and the champagne are Dutch. (I think I would invite Steve Macica, too. And I would have bought his ticket in the first instance if he had posted more.)

[3] If the TXN deal craters, you and Jim and Mark deliver the eulogy.

My head says the Amati story is over; my gut says there will be an epilog...

--Tom
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