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Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?

To: B.REVERE who wrote (28340)	11/5/1997 2:31:00 PM
From: pat mudge	Respond to of 31386

[NEC] You're absolutely right regarding Amati's partnership with NEC for VDSL. In fact, if you read the most recent 10-K you'll see under "Notes to Consolidated Financial Statments," the following: "Sales of the Overture 4 and Overture 8 series of ADSL transceivers were $999,000 and $819,000, respectively, in fiscal 1996 and $12,000 and $1,880,000, respectively, in fiscal 1997. In the Company's VDSL technology, revenues recognized during the current fiscal year of $3,500,000 related primarily to contract revenues under a joint development agreement with NEC Japan." Unfortunately NEC holds the power when it comes to releasing press so the HKT connection goes unrecognized for the time being. Some day. . . Cheers! Pat