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Non-Tech : Amati investors
AMTX 1.510-7.4%Dec 5 9:30 AM EST

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To: Scrapps who wrote (5467)11/10/1996 11:40:00 PM
From: Steve Schreifels   of 31386
 
If you trace the time of the supposed TV spot to the time of the
spike ...that seems to have some cause and effect.

However it was not a spike as such but a marked increase in volume and
buying activity. The rise in price from 17 at 12:30 to 20 was constant
with a quick rise to 20 from 18.5 from 2pm to 2:30, a pullback to 19
and then more high volume back up to 20.

This seems to indicate to me a lot of buy side demand. When profits
took hold for 10min at 2:30 the drop to 19 was so momentary followed
by more buying surge right back.

There is sudden strong demand there.
Rumor ? Who knows ?

Tommorow should be interesting !

Cheers,
Steve

See Lombard intraday (it still has Fridays data as of 11/10 8:45p PST)
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