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Non-Tech : Amati investors
AMTX 1.510-7.4%Dec 5 9:30 AM EST

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To: pat mudge who wrote (23919)9/1/1997 7:01:00 PM
From: Ahmed Elneweihi   of 31386
 
Pat, I looked into Westel chart for you. I notice that the stock tried to break out of a head and shoulder bottom formation (yes, Again!), but did not follow through. It now needs to close above $25 to confirm the break again. If it does, then the target price of that formation would be about $40.

You must be a good fundamental analyst to pick up these stocks that happen to have the technical picture also good.

You did not answer a previous post from me on AMTX not manufacturing their ADSL equipment and whether this could have a negative effect on their contracts or future. CYRX also suffered from the same drawback.

By the way, I live in the North Vancouver District where BC Tel will have the ADSL trial installation and I am eager to use it to improve from the WW Wait status of my present internet connection.
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