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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.49+2.1%Feb 9 3:59 PM EST

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To: Chris Alexander who wrote (37)5/6/1996 9:26:00 PM
From: Andrew R. Sicotte   of 3256
 
Chris:

I really do like this. Have added to it twice. This thing has been up 8 times in last 9 trading sessions! In addition, it has gapped up on the open last two trading sessions. Having a gap up over the weekend is decent sign. Persistence is grand. OBV just keeps going higher. The stochastics indicator just keeps bouncing around ABOVE the "80" line, with no breaks back down...very bullish...very accumulate-ish. During these past 9 trading days, the day with the lowest volume occurred on the ONLY day there was a minor sell off. Geez this is good omen. (heh-it'll probably drop tomorrow) Overall I feel VERY good about this purchase.

Andrew
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