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Non-Tech : Amati investors
AMTX 1.585+14.0%Jan 2 9:30 AM EST

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To: Wade Sickler who wrote (7653)12/30/1996 3:53:00 PM
From: Dee Mehta   of 31386
 
Hi Wade,
I agree that we need a reversal. Market makers are having a field day with those market orders. Typically they would lower the bid and flush out the market orders, even accumalate till no more market orders. Then turn around and raise both bid and ask. Ofcourse they sell at ask. They love market orders....... I am really surprised to see such good volume for today. I would have to guess that there is still some tax related selling and not forgetting that these folks are either not believing in AMATI or think that they can come back in 30 days (wash rule) and go for the ride. Sorry for being long winded, BUT I AGREE THAT WE NEED A REVERSAL. THE PRESENT BID is 13.25 and ask is 13.625.
Regards
Dee
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