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Non-Tech : Amati investors

AMTX 1.470

-5.8%

Dec 12 9:30 AM EST

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To: MangoBoy who wrote (13630)	4/7/1997 3:09:00 PM
From: Dave Nixon	of 31386

Now that the overall market is positive-neutral, we can better judge how *DSL stocks are behaving technically. AMTX continues its downward trend with no bottom in sight (at 9 1/8). It may bounce a bit, but each low is lower. I've moved from AMTX and AWRE (it looks like the current AWRE action is a repeat of the prior moves that will cool back down to the same level) and adding to my long position in WSTL which is acting much better technically. The long term chart for WSTL shows a nice saucer bottom, which both limits the downside risk and suggests that now it has broken out it's in a major uptrend. PAIR is also behaving well, but the chart doesn't show a good base. More risky. If AMTX sells off sharply in a panic downward spike on high volume, I might buy, also if it forms a good horizontal base, or if there's a significant increase in volume with little or no price change. Until then... Be ruthless. The market makers are. For those who bought much higher and have ridden AMTX down - would you buy AMTX now if you had no position? Disclaimer: the above is my personal opinion only. Dave Nixon

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