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Biotech / Medical : AMA Acquires Ivac 27 Aug 96

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To: Mel Spivak who wrote (5)1/10/1997 1:46:00 PM
From: qcom   of 14
 
Mel:

I've been watching some of these tiny Amex stocks for some time now. One month ago, when AMA made the most actives on a price increase I was convinced (and still am) that this thing will go to eleven. Volume on amex is key, and the market is small enough for you to moitor this. I watched this same thing happen with a stock called ion laser tech (which you may know) when it broke through 1 5/8 on the most actives in '95. It hit 30 bucks before it slipped down to where it is now, around 12. In this case too, I think the fundamentals back up the technical stats. My message:Don't sell that stock! Moreover (and I do hate to sound heartless--really) the more salesmen at this place worried about their jobs, the better off AMA's stockhoders will fare.
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