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Technology Stocks : AMTI Owner of Cute FTP, 15000 downloads per day.
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To: Ralph Cosenza who wrote (7)2/28/1999 12:26:00 AM
From: Beans  Read Replies (1) of 55
 
Dear Rodney:

Don't expect great things from the quarterly report. I talked to Karen Mella from AMTI last week and most of the 14 million of new revenue from what I believe was the AT&T deal is just now starting to generate. It didn't make the 2nd quarter numbers. Globalscape is a very, very small part of their business and I'm not sure its ready yet to go public, although I would welcome it.

However, I do think these guys are headed up the right path. Its tough to promote a $1 dollar stock to investors, but I do see them becoming profitable later this year, and hence hopefully some exposure.

They are currently on a road show to Chicago and New York to promote the company and there is rumors of a decent publication about the company in the near future.

I have suffered with this stock for the past year and a half but still feel good about their ability to succeed.

Beans

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