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Technology Stocks : Amati - MAIN THREAD

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To: Jim Roof who wrote (411)6/23/1996 8:29:00 PM
From: Andreas Helke   of 700
 
An increasing number of Amati shares is disappearing from the market. I got 500 shares at $5.69. I don't care too much whether these shares are currently worth $30 or $10 and I don't intend to sell them for a few years no matter where the share prices go. If Amati goes below $15.50 300 more shares will disappear from the market and if the price falls further I'll accumulate even more. I think that I am not the only one who is accumulating Amati. And since the current prices are based on future expectations and not on current performance nobody can say what the correct price of Amati should be and I would say it is very difficult to predict future price movements for this company.

Andreas
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