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Non-Tech : Amati investors
AMTX 1.6200.0%3:59 PM EST

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To: Louie Liu who wrote (13947)4/10/1997 5:32:00 PM
From: jttmab   of 31386
 
Louie,

On end of the day action. This has been a trend a lot longer than the last few weeks. For what it may be worth, I have noted that AMTX is volatile (duh) and has a relatively high percentage of outstanding shares traded on a daily basis. This is the kind of stock that SOES traders love. It's my understanding that (barring momentum changes) that SOES traders begin closing their positions mid-afternoon, with the intent of having all their positions closed by the end of the day. This could account for the closing action you might be seeing.

Regards,
Jim
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