Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?

To: michael who wrote (28675)	11/14/1997 1:16:00 PM
From: Ross Roberts	Respond to of 31386

michael, If there's a silver lining in this cloud, I guess it's that it's up 3/8 ... and apparently there aren't very many sellers either. <<volume 26,000...no buyers...>> Ross

To: michael who wrote (28675)	11/14/1997 1:21:00 PM
From: R. Murphey	Respond to of 31386

Michael: [Re: "no buyers"] They're waiting to see ............ who blinks. Patience is tough.(i.e. "Pat") Regards. :-))

To: michael who wrote (28675)	11/14/1997 1:24:00 PM
From: John Tusson	Read Replies (1) \| Respond to of 31386

<<volume 26,000...no buyers>> Could be that "Money" is waiting to see what, if anything, happens next week. John Tusson

To: michael who wrote (28675)	11/14/1997 2:28:00 PM
From: Schmedley	Read Replies (3) \| Respond to of 31386

michael, now lets see Mr. Doom and Gloom AMTX currently up 1/2 on 47,000 shares. Lets translate that into AMTX's average daily volume for last month (around 350,000) Under the current buying pressure we would experience a 3 1/2 point move. Lets say we started experiencing 750,000 share days (IMO entirely possible during COMDEX -esp. if contracts are announced) at todays rate of buying pressure we would be looking at close to 8 points to the upside. Lets see that would put us at 23! This kind of analysis is not to construe that the current price/volume relationship will last; just a little tidbit to put your (usually) fearful mind at peace.Whatever the case, todays activity is simply telling us; there's no need for anyone to be handing their stock over to the MM's for less than they paid for it.As I've suspected all along. The lower prices during the past couple of weeks had more to do with overall market conditions (and MM adjustments downward) than any REAL selling pressure. Best of Luck Schmedley