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

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To: Walt Deemer who wrote (24711)9/11/1997 9:38:00 PM
From: John Hunt   of 31386
 
[ Bear Chat - Walt ]

Actually this was posted by someone on the Westell thread in early August, whose posts I read with interest because of his past intelligent comments:

<<< Over the past few weeks I have had the pleasant or rather unpleasant time of meeting a few market makers ... not in Westell but of OTC stocks. The premise is short first ask questions later. The dealers are shorting everything to a customer who is buying: period. The spikes in stocks of 3-4-5 points give explanation to short's covering their @sses after a surprise or a big institutional order. >>>

Maybe it just struck a cord because it was in tune with my thinking. I admit that I have no idea how true it was at the time.

Time will tell if I am smart or dumb. I have a history of being both.

:-))

John

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