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Non-Tech : Amati investors

AMTX 1.545

-4.6%

Jan 7 3:59 PM EST

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To: Dr. Doktor who wrote (23736)	8/28/1997 4:13:00 PM
From: Schmedley	of 31386

Dok It looks like our friends at Cowan and Co. didn't want AMTX to see 18 today. (They're probably hedging their over represented WSTL portfolio) I watched them offer size on every weak moment they could find today. Too bad they got burned on the WSTL non-event but I doubt that their strategy is going to do anything but lose money for them once the AMATI news hits the wires.They may never get the opportunity to cover their shorts! Just my observation Schmedley

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