Hi Josh,
I also own AMTX (and TLTK as well). Bought in December at 8.5, watched it
drift to the 5's, now still holding on at 13. For a complete discussion, check
out the discussion in the Communcations section.
At any rate, with all due respect, I think predictions of AMTX at 30 in a
month are unrealistic. ADSL looks like a very promising technology, and AMTX
has some patents in this area. However, they haven't made any money yet, they
don't seem to have much in the way of production capacity, and there are other
companies (WSTL, PAIR, ADI, Aware) in the arena who actually do have production
capacity and are profitable. GTE is testing Amati's products, but is also
testing WSTL's as well.
Of course, I could very well be wrong :), but it seems to me that this stock
has doubled in just a few weeks strictly on good publicity for ADSL in
general. Maybe there's more room to go up, especially if funds are jumping
in . . . but I'm wondering what's holding the price up at this point.
Just wanted to inject a word of caution, as this one's pretty speculative
(although I remain optimistic about it long-term).
Regards,
Jim |
