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Non-Tech : Amati investors

AMTX 1.630

+1.9%

Jan 12 3:59 PM EST

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To: Techie who wrote (4886)	10/29/1996 10:02:00 PM
From: Amadeo Zevi	of 31386

<<So I (and many others) will be ready to buy it around that price. Techie>> Techie, I think if Amati goes down to 12.5 recovery will not be as swift as in July for several reasons: 1) Last time Amati went down with entire sector. Even though today's decline was a part of a general Technology decline notice a BIG difference. In July Amati had a press release saying that they "Don't know why the thing drops" and now they are telling us that not only they know why it drops but "Don't expect any miracles for a while". This is a stunning, unprecedented reversal. 2)Many people would not like to ride the wave twice. 3)As you mentioned earlier Amati is just a player in the field and by no means is the player. (Kind off reminds me of NC. Suddenly it's not just Oracle but everyone including big guns) So if you buy at 12.5 and you "feel" for people being drawn into hype by all king of chats, sticks and candles you should tell them(us) that you are probably looking for gains on a lower scale of single digests, short term.

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