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Non-Tech : Amati investors

AMTX 1.510

-6.8%

Dec 5 3:59 PM EST

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To: Ronald A.Christopher who wrote (5537)	11/12/1996 4:49:00 PM
From: Steven Sage	of 31386

Ronald, I wrote an extensive personally assessment of why AMTX went down on good news today on my thread under Short Term Traders which is itself under the Misc. section of SI. I think that all of the non-semi's and then even a few of those are in a bearish trend that is the beginning, not the end, of a technical correction. Stocks will go down on good news under such a market trend. These stocks have not participated generally in the bull market that has been on since August, but unfair as it is, they will be punished and punished severely as the bull ends and there is an overall selling in the techs. This looks to be an ugly time to be invested in the techs and I am up to my neck in them at the moment. I didn't expect with the positive BTB that the techs would have such a struggle today. The fact that they did points out what is going on very clearly. There must have been a lot of people that got hurt buying in this morning. I am getting murdered in Aware and now Amati looks to be headed for my problem list.

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