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Non-Tech : Amati investors
AMTX 1.600-1.8%Jan 9 9:30 AM EST

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To: Ross Roberts who wrote (15712)4/29/1997 8:03:00 PM
From: BULL   of 31386
 
[DJW Chat]

Bret and other,

<<ps - I am a long term investor and I definetly believe the story. But a short-term drop of 50% requires a 100% rise just to get back even. We don't need DJ kicking us when we're down <g> >>

There has been too much negativism and discussion about the DJW story.
If the Amati story is still intact and $$$ will result from the siemens deal we will reap profits in the future as the market adjusts their value of Amati stock (I hope).

So here is my positive spin:

Prehaps DJW is doing us (and some others who are unknown to us) a favor by giving us another opportunity to accumulate this stock in the $7-8 range. I think we got some short covering towards the close of monday and early tuesday morning. Then the shorts started selling again in the afternoon when the stock did not show any strength. This shall not last too much longer. Everyone was looking for gains in big cap nasdaq stock today. tomorrow who knows? the small cap stocks will have their day some time later this year.

All speculation on my part.

Adam

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