Amati vs Westell, DMT vs CAP ADSL Message Board

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Technology Stocks : Amati vs Westell, DMT vs CAP ADSL

WSTL 6.420

+5.6%

Nov 5 3:50 PM EST

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To: John Paris who wrote (1210)	10/30/1996 10:32:00 AM
From: pat mudge	of 1365

<<<<Remember no earnings till late 1998 and that is still maybe!>>> John -- Perhaps you're not aware Amati's FY ends July 31 and when the company says earnings will begin in 1998, they mean Q1, which begins 10 months from now. I spoke to Mr. Carlini yesterday and he emphasized the company would be through the worst of it [losses] by the end of FY '97. To my knowledge no one buys the stock based on its earnings but on its earnings potential. It's a risk I'm willing to take. Would you throw tomatoes at Pavarotti because he can't paint or ridicule Rauschenberg because he can't sing? As for your comments about SPYG versus AMTX, I don't get the connection. Regards, Pat

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