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Non-Tech : Amati investors

AMTX 1.470

-5.8%

Dec 12 9:30 AM EST

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To: donald sew who wrote (8011)	1/5/1997 2:01:00 PM
From: Wade Sickler	of 31386

Donald, >>> Some of the technical indicators I use are showing that AMTX my gap up sometime uring this run 1-3 points. <<< I would be surprised in AMTX did not pull back to approx. 14.25 in the next day or two after topping at it's 30 dma (16.125) and then doing a REVERSAL during a strong up day(Friday). Most stocks in downtrends typically fail their first challenge at the 30 and 50 dma's. It's the second test that is important. I think AMTX will move back up after a short 1-4 day pullback, or even an intra-day pullback on Monday. Watch WSTL closely. If it can break above 25.75 that will be an important confirmation for AMTX. Wade

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