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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote (148)	6/5/1996 7:37:00 PM
From: Sabrejet	of 852

Since I missed the early move in AMTX, I have been waiting patiently to enter. I haven't felt comfortable with 30 and with it touching 28 or so recently, frankly, I'm still waiting. The fact that the market may finally accept a 7% bond yield may help things down the road. If imployment numbers come in good Friday, I truely think a couple of these high flyers may get some air in them again. The advantage IOMG has over DNA and Presstek is that they have much larger revenues with a stated product. I can't figure out DNA or Presstek. The SEC wouldn't get involved if something wasn't straight. This may go down as an event to remember. Although I don't suscribe to the Cabot letter, it is well known recently the companies they reccomend take off. As far as AMTX and the short block: this issue has struggled lately at or just below 31.50. Even the letter couldn't jump start it. It rose the other day above 34??? I feel 25-27 is the price to look for personally. Maybe the shorts see the same price or a bit lower. In general, can you see the pattern lately - 2 day run-up, 3rd day sell/short. It's becoming predictable again.(not AMTX but many other issues). Rich

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