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Microcap & Penny Stocks : American MultiPlexer (AMUT) -- Cheap Now, But for How Long -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (7)	5/20/1998 6:38:00 PM
From: Crossy	Respond to of 64

AMUT quoted in Forbes 1997.. forbes.com Make lots of contacts That's how a startup like South San Francisco-based American Multiplexer Corp. can land a $30 million contract to increase phone line capacity in China, going up against big leaguers Ericsson and Siemens Corp. Unlike the U.S., China doesn't have a formal bidding system. "It's all marketing and contacts," says CEO Edward Tan. The 48-year-old Singapore native did business throughout Asia before coming to the U.S. 15 years ago. And he'll do well even if he captures just a small share of the 64 million multiplexer lines that China plans to install by the year 2000. At $150 a pop, that's a $9.6 billion opportunity. In addition to the sleeping giant, American Multiplexer is targeting Malaysia and Indonesia. According to Tan, the startup sells to 27 U.S. telecommunications companies, but expects "at least 60 percent" of its sales to come from China, Malaysia, Indonesia and other parts of Asia over the next couple years because those markets are just developing.