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Non-Tech : Amati investors
AMTX 1.530+0.7%Feb 11 3:59 PM EST
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To: Bob Frasca who wrote (3593)9/9/1996 5:04:00 PM
From: Richard D   of 31386
 
I was rethinking the press release after Techie mentioned the Oppenheimer conference last night. I think now that there were some flaws in the earlier leaks and the company wanted to issue a disclaimer at a time when the stock price wasn't at risk, ie. when a news conference with strong positive stories was about to occur. Perhaps they aren't as foolish as they appear at first glance. They stopped the slide at a price of 15 and then made the negative release Friday just as the stock was about to break out anyway. This coming conference, together with the ANSI news (from Pat), is very potent obviously. I added significantly to my position today, along with the shorts. It ended on a buying spree and I expect followthrough, like everyone else. I would watch out if I were short this stock, the fat lady hasn't sung yet.

For what it's worth,

Richard

P.S. GOOD CALL TECHIE! (<<the conference may cause the stock to go over $20 next week.>>)
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