Altair Nanotechnologies Message Board

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Gold/Mining/Energy : Altair Nanotechnologies

ALTI 4.110

+0.2%

3:59 PM EST

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To: Steve M who wrote (129)	12/8/1997 9:01:00 PM
From: jas singh MD	Read Replies (1) of 603

Good evening Steve, There appears to have been two large blocks traded(sold) that dropped the price dramatically. You can observe this on the graph below: Message 2881042 Notice that soon after someone sold ~25,000 shares, someone else picked up a block of ~15,000 shares. Bottom line is this, ALTIF has a technology that has the potential to generate enormous revenues for the company. It is currently being evaluated at three of the largest firms in this sector. Now remember, the Tenn. property will simply be gravy ontop of the other revenues generated by the jig. As far as the answer to your question, I think it may have been due to the wording of the PR. It mentions a study whose first phase will be complete in March of 1998. Someone may have thought that the company is not as far along in its development program to justify them to hold the stock at this time. Obviously, this is pure speculation on my part. It could also be buy on rumor and sell on news. We should know more about the new trading range over the next few weeks. Personally, I will try to add to my position on the dips. Sincerely, Jas

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