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Technology Stocks : Amdahl
AMH 31.44-0.5%9:30 AM EST

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To: Richard Birk who wrote (69)1/3/1997 11:45:00 AM
From: CASEY   of 158
 
Richard,

I no longer work at AMH but I have still a number of friends that still keep in touch. My reasoning for my caution regarding AMH's limited growth is that they still have not properly identified there direction clearly enough to both the investment community and internally. They still are heavy in headcount and will need to continue to trim the workforce. The executive staff lacks the ability to understand how to navigate in a competitive, an ever changing marketplace and eroding margins. I would be concerned about there ability to move beyond 14 this year. Bottom line they continue to demonstrate the inability to catch a wave and they remain an old dinasour in a very fast paced high tech world. Just my opinion...
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