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Non-Tech : Amati investors
AMTX 1.915-1.8%Nov 14 9:30 AM EST
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To: Pierre Borczuk who wrote (28869)11/19/1997 11:32:00 AM
From: Rob C.  Read Replies (1) of 31386
 
Pierre and all,

I sold my position 2000 AMTX at 19 11/16's and bought 30 Jan 20 calls for 1/4. My reasoning is that if a higher bidder comes in I get the price appreciation in the options and if AMTX doesn't approve the buyout and the stock goes down I will be able to buy my shares back at a much lower price.

Regards,

Rob

BTW VION is a real dog eh...
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