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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.18-0.3%Dec 5 9:30 AM EST
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To: ALLEN UNTRECTH who wrote (1782)2/14/1997 2:09:00 PM
From: Everett Bandman   of 3256
 
Allen,

What is the $4-5 range based on? Feelings, TA, or just guess? Over the past year the momentum players have jumped in at ~6-7, ride it up and then jump out when momentum fades. I've been following this stock since last may when i got cold called by a broker pushing the keepered media story. I watched it rocket to 15 from 8 or so and kicked myself. But now I've seen 2-3 more similar runs although much smaller. Good stock to watch if you want to learn how to play the market that way.
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