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Technology Stocks : Amati - MAIN THREAD

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To: Donna Saravi who wrote (603)7/9/1996 2:41:00 PM
From: Marlon Halpern   of 700
 
Good questions, Donna. What is happening and should you average down?
Unfortunately, if I knew what was happening I could have shorted or bought puts. My guess is that the techs are down and there is a negative psyche going on. Also, not enough people read these threads. Who knows where they get their info from? Could it also be that more people are shorting, driving the stock down further? I haven't noticed any large blocks (maybe there were some)today, so its not the institutions. Have people decided not to invest in companies with no earnings? Who knows? Regardless of anything else, I'm looking (hoping) for a short squeeze.

Should we average down? I have been and have been feeling pretty sick about it these past few days. Therefore I can't recommend for you or anyone to do the same unless you have the stomach. Remember, the potential for Amati is still there. And the average person still does not know about them or ADSL. I expect some of the mainstream mags to start educating the masses soon. I just hope they mention Amati.

I'm looking for a short squeeze in the short term and a strong positive rally in the long term.

Everything I said is my opinion and in this market I don't wish to influence anyone's buy/sell decisions. It's your money and you have to make these decisions for yourself. Good luck!

PS - Once people start understanding the drawbacks of cable broadband I think that will help us ADSLers.
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