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Non-Tech : Amati investors
AMTX 1.555-0.3%11:34 AM EST

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To: John Morrison who wrote (9383)1/24/1997 7:28:00 PM
From: Wade Sickler   of 31386
 
<<<[TA - Good day for Amati]>>>

John,
I agree w/you that is was a potive technical day for AMTX, overall. I was hoping for a close on an uptick (13.5 ask) as that would have given it a real bullish look.
I am QUITE concerned, however, by AMTX's decreasing relative strenth versus the other ADSL stocks. It's OK if Amati is a day or two behind the others in making its moves, but, this indicates that the market doesn't feel that Amati is the leader. If this continues for too long I'm going to get nervous. As for now, I'm assuming that AMTX needed the profit taking after the sharp move up.

Wade
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