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Non-Tech : Amati investors

AMTX 1.710

+9.6%

Feb 3 3:59 PM EST

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To: Richard D who wrote (29568)	12/2/1997 1:20:00 PM
From: MangoBoy	Read Replies (1) of 31386

[chat - TXN] << Most chipmakers are down today after Altera's steering future earnings estimates downward. Today, Tom Curlack (spelling?) of Merrill Lynch has downgraded the group including DSP makers like TI on the basis of over capacity. His pessimism extends out one or two years. >> merrill cut TXN 1998 EPS estimate from $3.00 to $2.00-$2.50. << the downside potential for the tech's has not been fully explored in my opinion >> agreed, particularly for semiconductors and networking equipment. mark

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