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Non-Tech : Amati investors

AMTX 1.510

-6.8%

Dec 5 3:59 PM EST

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To: pat mudge who wrote (13939)	4/10/1997 5:23:00 PM
From: Louie Liu	of 31386

[Stock Action] Pat. For the past few weeks, I noticed that the stock is always traded down at the end of the day. If the stock is up I can almost guarantee that the last trade will sell it down. If the MMs intend to create a panic, they haven't succeeded so far. Their reluctance to sell the 1K you mentioned earlier seem to indicate to me that they might have misjudged the AMTX shareholders. Perhaps they are closer to their breaking point than we realised. Also, I think the market knows the value of the Hong Kong deployment and the potential of the Sumitomo agreement. Sumitomo doesn't sign an agreement and walk away empty handed, the question is how big a tip they left behind in AMTX's office. Right now the problem is that we have at least a month before the quarterly report and that gives the MMs plenty time to play with this stock. Regards Louie

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