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Non-Tech : Amati investors
AMTX 1.550+4.0%Dec 11 3:59 PM EST

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To: ATUL SHARAN who wrote (20788)7/2/1997 6:07:00 PM
From: John Morrison   of 31386
 
From Atul Sharan "You have been predicting an up move in AMTX for a LONG time"

Yes indeed in is certain in truth -- I predicted the up move when it was 1 3/4. It went to 36. 1 3/4 to 36 is not a bad up move. I predicted an up move at 10 after it fell from 36. It went to 25. 10 to 25 is not a bad up move. I erred in the 20s when I thought it was still a good buy -- then along came Soros. I erred in the 14 area when the bottom was well formed technically -- then along came the Amati officers sells. Tight 10% stop losses in the 20s and 14s would protect against the drops where predictions were overcome by unpredictable events. My predictions on Amati were technically based, with a bit of fundamentals added -- not traditional fundamentals on Amati, but profit potential. The profit potential still exists, and negatives like the two (Soros, etc.) that occurred are still possible. Other positives and negatives are possible too.

So Amati has made several significant up moves. Those wanting more than those moves (1 3/4 to 36 and 10 to 25) will have to be patient.

From the beautiful Colorado Rockies (my real home) ... Happy Fourth to all in the USA >> a good place to be.
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