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Non-Tech : Amati investors
AMTX 1.600-1.8%Jan 9 3:59 PM EST

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To: John Morrison who wrote (6083)11/23/1996 8:10:00 PM
From: John Paris   of 31386
 
>>Why don't you just avoid the subject? What do you gain from your participation here?
I have to follow all ADSL players in order to be ahead.

>>too much debt <<< >>Please explain.
NEW YORK (Dow Jones)Oct 29,1996;
'We do not see being profitable in the foreseeable future,'' Amati's president and chief executive officer, Jim Steenbergen, told Dow Jones.
The San Jose, Calif., company holds the license for industry-standard modem technology, currently in U.S. trials, that helps digital video, data and voice signals move over copper telephone wires at high speeds.
Amati's product, called discreet multitone technology, scouts out the clearest, most receptive frequencies on telephone lines and directs signals along those paths.
Steenbergen said the technology will not hit the market until next year and Amati is not expected to turn a profit until sometime in 1998.
--

Now Morrison, a profit until sometime in 1998 means that if ADSL goes well next year againts cablemodem and satellites, otherwise AMTX will go to circle again in VDSL and says a profit until sometime in 2001. We'll see next year.
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