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Non-Tech : Amati investors

AMTX 1.630

+1.9%

Jan 12 3:59 PM EST

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To: John Morrison who wrote (6707)	12/8/1996 10:54:00 AM
From: Bill Lahue	of 31386

John, I'm a long time follower and owner of Amati stock (I bought ICOT before the merger, which brought AMTX to the market.) There are definately reasons for AMTX to go down in the short term. What keeps it up now is hype, although I agree somewhat warranted considering its possibilities. Reality is that there are no profits on the immediate horizon (next few quarters) from Amati's technology. Also, considering that the technology was invented and developed at Stanford, we don't know what percent Stanford will get and for how long. The question is: Does the market care? In the short term, No. Too many people are making money with the ups and downs in the stock. However, in a quarter or two when the money is not flowing and there is no big news constantly on the market, AMTX could take a belly flop. Long term potential (18mo +) looks fantastic, short term is a little more shakey. Bill

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