Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter Piper who wrote (29894)	12/12/1997 1:31:00 AM
From: Richard D	Respond to of 31386

[South Korea down another 7% as of now] P U, that market is crashing and burning before our eyes. It is quite amazing, and we still have to ask: is Japan next? This may be the bull market's Waterloo, if so. Food for thought, Look before you leap into this mess, Richard

To: Peter Piper who wrote (29894)	12/12/1997 5:06:00 AM
From: Eric Goethals	Respond to of 31386

Hi Piper, <<I see that SteveG has made a few sarcastic remarks, then you guys are all over him. >> With good reason. His sarcastic remarks have been consistently coming for the last 9 months. It is obvious that the guy has been scorn, and can't accept the fact people disagree with some of his interpretations. The only way he knows how to deal with it is to behave like a 13-year-old. He has absolutely no respect for anyone and/or their personal feelings. At the same time he requires his respect or else comes the junior high school antics. What I see is, this guy will continue to cheap shot with no end in site. Do we realy need this? I'm not responding to just last weeks antics. I'm responding to 9 months full of them. <<I thinks he has a lot to offer, many of it technical that most folks need to learn more of. Apparently, SteveG knows his stuff quite well. I don't always agree with him and sometimes he's not entirely accurate (e.g. Amati stocks should be worth 2-3 dollars if I remember correctly ((TI can't be off by a factor of 10x). But then again who is entirely accurate? >> I agree with what you say. He does have something to offer and just about everybody here would agree. It's just a shame he happens to be 2 sigma off the norm when it comes to common everyday adult interaction. <<Neither is Pat. I think SteveG is overly conservative in his skepticism towards Amati, but that is how a good investor should be otherwise a fool and his money... Likewise, Pat is like a she panther that is extremely protective of her Amati cub. So who can knock that? >> I think you are absolutely correct and there is nothing wrong with either standpoint. The difference is Pat accepts Steves feelings/opinions even though she does not agree with him, but not vice versa. Pat opens herself completely, wide open to everyone. And I will tell you one thing, people who lie and deceive don't last long anywhere. Things catch up with them. The personnel info Pat lets out and the people she meets face to face (from this thread), are not conducive to someone with intentional lying and deceitful goals. Steve just has not figured it out yet, but like I said he is 2 sigma off the norm. <<I've been to Zuni Cafe's too. Everybody knows the owner. It's a hang out spot for a lot of people in the tech industry.>> Chuckle... I goofed here. Zuni is in San Francisco. (Zinc's Caf‚ is in San Diego) By the way anybody know the Zinc family in Louisville, Ky??? Friends of mine. <<Leave the IRS, FBI out of it, especially the guns. You're making the gang sound like a crony gang.>> I agree.

To: Peter Piper who wrote (29894)	12/13/1997 12:48:00 AM
From: SteveG	Read Replies (1) \| Respond to of 31386

<Whoa, now THAT'S harrasment. You better reread your post NYBellBoy. FBI? IRS?, with guns?...... > First of all, thanks for the balanced response PP. Didn't surprise me that it came from you. As to the off the wall response above, I was definitely surprised (even for barkboy). <.... Pat has made contributions to this site.......I think SteveG is overly conservative in his skepticism towards Amati, but that is how a good investor should be otherwise a fool and his money...> No argument there. As a large shareholder, she had regular access to company higher-ups and to details most other did not. And she also did a LOT of digging, and always posted her "findings" (at least the positive side of them) thoroughly, thoughtfully, intelligently and cheerfully. Of course, MY concern was that it was ALWAYS one-sided (not unlike the commercial "programs" late at nite - though with a decidedly sophisticated flair and a seemingly "well-researched" veneer). Therefore, I felt constrained in my OWN approach to publically considering AMTX, feeling the NEED for an emphatically conservative and "other"-sided skepticism. But you knew that. <..I don't always agree with him and sometimes he's not entirely accurate (e.g. Amati stocks should be worth 2-3 dollars if I remember correctly ((TI can't be off by a factor of 10x)...> To be honest, not only do I not remember such a post, but knowing that I always represented what I thought, even on the conservative side, I don't think I ever made such a representation. The only way I could see that this would have occured was in doing some conservative analysis of earnings expectations and applying a PEG valuation model. Even under this kind of evaluation, Amati wouldn't be worth $2-3. Not expecting earnings for a year or two, Amati would have had NO value looking at a TTM PEG valuation model. In any case, let me clarify that my position has been more one of uncertainty whether Amati would ever be able to get the kind of numbers that it's trading price anticipated. Not that it couldn't. Just that with the inevitable (IMO - though not in most opinions found here) delays that the telcos would effect, and the likely competition from far bigger players, the question was WOULD Amati make it to the $100 to $300 price targets most here took for granted. As you know, in conservative consideration, I questioned whether it would even make it back to the 30s. Thank God for TI, huh? Anyway, thanks for YOUR insightful posts. Other than ASND (which I bought some of recently), do you follow/post elsewhere? I'd be interested in your opinions, and your "handyman" prowess, on any stock. I have to admit, I did think of you when I saw, months back, the cover of Upside with Mory holding a plumber's wrench in his workjumper. Maybe you'll email me... then again, maybe you already have <g> Regards- Steve BTW - saw Amistad tonight. It was a powerful story told poorly. Or maybe more forgivingly, told in picturebook form. It COULD have been done so much better, but would likely lost it's mass-appeal/ commercial value. It'll be interesting to see how reviewers rate it and how well it does. I hope the REAL other gets her peice of it. Maybe she'll finance a more "grown-up" approach...