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Non-Tech : Amati investors

AMTX 1.565

+5.0%

2:08 PM EST

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To: pat mudge who wrote (19718)	6/14/1997 8:01:00 PM
From: Richard D	of 31386

[Amati added to Russell 3000] Pat, It's not the S&P 100 but it's a start. When a company is added to the bigger indexes, the stock often gets a boost in price and volume due to index fund buying I believe. Perhaps we'll get a tad of this. I'm not sure how much we can expect from the Russell 3000, however. If Soros didn't short when the price was close to 20, I think this issue has really been a non-issue. He is now a major investor in Amati technology, and I suspect it is more long term money than trading money. I see this as an endorsement of Amati by a shrewd investment team. I wonder if the shorting option was originally inserted in case the stock pulled a Netscape or PressTek, he could then play the volatility downward. He's a savvy trader, but I suspect he knows a ten-bagger when he sees one, too. Your never ending source for idle speculation, Richard

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