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

To: dharampal luthra who wrote (30886)	5/21/1998 10:58:00 AM
From: jttmab	Read Replies (2) \| Respond to of 31386

Be also very cautious. Penny stocks are difficult if not impossible to research adequately. They are also easy to manipulate. The way the large majority of these things go is that someone buys ten, twenty, fourty, twenty thousand shares, etc., in the issue; artificially push it up since it's thinly traded. Hype it to hell and back on the public forums. There is no analyst coverage so stock movements are purely driven by speculators. Hyping the stock will convince enough (doesn't take that many) to take a flyer and then the original buyer bails. Leaving the rest to watch the stock go back to it's initial steady state or worse. I look at these things as more of a gamble than options. In either case you can go out to lunch come back to find an 80% hit. Be careful friend. Best Regards and Good Luck, Jim