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Non-Tech : Amati investors
AMTX 1.550+4.0%Dec 11 3:59 PM EST
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To: pat mudge who wrote (24243)9/5/1997 11:16:00 AM
From: NYBellBoy   of 31386
 
Pat, Ray & all - The volume of Amati Calls vs. Puts is unbelievable. Many people are betting big money that the stock is going up 4 to 5 points in the next month or two.

I purchased 40 Oct 17 1/2 Calls this morning. CAUTION - Calls are very- very- risky, but can be very rewarding. If the stock closes less than 17 1/2 on the date of the expiration you have lost it all. If the stock is close to 17 1/2, the Market Makers will force the stock lower to ensure they win and you loose.

If the price of the stock exceeds 19 1/8 by close of business Oct 17 (called Oct 18s) it's all gravy.

Baby needs a new pair of shoes.

Best Wishes to all,

:) :) :)

BellBoy
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