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Non-Tech : Amati investors
AMTX 1.600-1.8%Jan 9 9:30 AM EST

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To: salim salloum who wrote (7499)12/27/1996 6:57:00 PM
From: John Morrison   of 31386
 
The last three days have been very steady for Amati. Trading was light today, with volume at 232,200 shares. There was a rush of big blocks right after lunch. It started at 1:00pm with 5500, then 1:04pm with 12600, then 1:06pm with 15000, then 1:09 with 16000, and 1:10 with 6300. At 3:01 there was a 10000 share block traded. I believe the small guys are selling and the big guys are buying, though I do not have the data to prove all of those were buys. There is probably still a small amount of tax selling by those who bought late, and don't know much about the company's prospects.

Definitely *good* changes today: Eight (8) technical indicators turned positive. Two already were positive.

Also *good* news today: Institutional ownership continues to increase. It is now 21.48%. Gets yours before they own it all <G>.

Neither AMTX nor WSTL had any news today (I checked Reuters and Comtex).

John
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