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

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To: John Hunt who wrote (24705)9/11/1997 8:50:00 PM
From: Walt Deemer   of 31386
 
[What Does The Street Say]

>What does the street say? I read somewhere they are shorting everything in
>sight without protecting their positions.

Where'd you read that, John, in Grimms Fairy Tales? Seriously, the numbers I've seen don't support that statement argument at all. Maybe a few trading desks are doing some shorting -- but the money managers are all loaded to the gunwales. (And they're all nervous, too -- and if they ever decide to buy some OEX puts to hedge their positions a little, all at the same time...)

-- Walt
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