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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 9.190-0.2%3:59 PM EST

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To: HPilot who wrote (6164)3/11/1999 12:54:00 AM
From: Ed Perry   of 17679
 
While a bounce seems overdue, (it should have happened on Monday), still the diminishing range and diminishing volume suggest a sideways drift instead.

While drift is not a bad thing, it does not help TA analysis. The tip off out of drift is when, for no apparent reason prices begin to wave on increasing volume - like the two weeks following Dec 11, 98.

The 10K with Management Discussion should be out around March 18. I wonder if we will get hints in price movements before the fact?

Ed Perry
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