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Non-Tech : Amati investors

AMTX 1.520

-3.8%

Feb 10 3:59 PM EST

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To: Techie who wrote (4380)	10/7/1996 11:56:00 PM
From: EdR	of 31386

Did you happen to notice how the WSJ describes AMTX? Amati Commun Corp. To Get Up To $15M Equity Financing Dow Jones News Services SAN JOSE, Calif. -- Amati Communications Corp. (AMTX) signed an agreement with a group of investors under which it will receive up to $15 million in equity financing. In a press release, the company said the initial funding is expected to be about $10 million, after which it will receive $3 million in interim financing. The investors, led by the Chatterjee Group, each received five-year warrants to purchase Amati common shares. Amati manufactures transmission equipment and network connectivity systems. It seems like they are opposed to mentioning the word modem or ADSL.....

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