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Non-Tech : Amati investors
AMTX 1.825+14.5%Jan 28 3:59 PM EST

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To: Tango who wrote (4641)10/18/1996 6:57:00 PM
From: AK2004   of 31386
 
Tango I have expected a bigger spike as well. I am sorry for confusion about the conversation but I was refering to the one that we had at investment department of our company few days back. I do not follow overall tech analysis (charting) but it looked like amati had a storng resistance at $25 level. One of my coworkers is interested in the company as well so he pulled the history of trades since it 1st time hit $25 (I mean this time). He found that hitting cirtain level triggers a sell of a large block. I do not think that this is Soros' doing but rather tried to illustrate that out there is a large holder like Soros who might be selling the stock at specified price. The resistance analysis was not done by me but I did see the data and it is possible. This time as with the rest of the times the price increase triggered a sale of large block of 50K if I remeber correctly. This is of caurse speculations only. Regards -Albert
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