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Technology Stocks : Amati - MAIN THREAD

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To: Ed Klar who wrote (454)6/27/1996 7:46:00 PM
From: tom   of 700
 
Subject: Re: AMTX bid & ask
Date: Thu, 27 Jun 96 15:26:51 PST
From: "Trading" <trading@etrade.com>

To: ****<***>

Mr. ****,

Thank you for your recent inquiry.

AMTX is a NASDAQ traded stock with Herzog Heine and Geduld as the
market maker. To answer your question regarding the spread between
the bid and ask prices, this is basically controlled by the market
maker.


Thank you,
E*Trade Securities
Yvonne Johnson



======Original massage send to E*TRADE customer service ======

______________________________ Reply Separator _________________________________
Subject: AMTX bid & ask
Author: **** <****> at ****
Date: 6/26/96 7:33 AM

It seems a little strange lately about the AMTX Bid & Ask prices.
When stock moving UP, the Bid & Ask prices are very close like 1/8
(Ask=22 5/8, Bid=22 1/2) with Trend UP.
When stock moving DOWN, the Bid & Ask prices are far like Bid=20 5/8
& Ask=22 1/8 with TREND UP.
Somebody seems trying to put presure on the prices.

Could someone take a look at it? Who is the AMTX market maker?

Thank you for your ASAP answer in advance!

E*TRADE customer

============================
Somebody seems do not like AMTX moving UP.
Just my feeling or anybody havr the same though.

regards.
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