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Non-Tech : Amati investors
AMTX 1.560-4.3%3:59 PM EST
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To: John Morrison who wrote (11012)2/25/1997 4:38:00 PM
From: Ross Roberts   of 31386
 
[TA's irrelevance with regards to Amati]

John,

TA might be of value with larger cap stocks that are widely held, but
when it comes to thinly traded, small cap companies like Amati
(and ESPECIALLY Amati) it less than worthless. All your TA has told
you (and us) is about the short-term movement caused by the Market
Makers in order to manipulate you (and us) about the direction of
the stock.

Your predictions, re: the near-term direction of this stock have been
wrong more often than right, and when they've been right they've played
right into the hands of those MM's that are (at this point in time)
controlling the price of this stock.

That being said, please don't take offense at my comments, as no offense
is intended. I know you put in a great deal of time and effort to
contribute to this thread. I also know that TA has its place. It's just
that it's been proven (at least to my satisfaction) that it has very little,
if any, applicability to Amati.

Regards, Ross
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