Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 12.24

+15.7%

Feb 6 9:30 AM EST

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To: Richard Spitzer who wrote (267)	8/23/1996 7:35:00 PM
From: charles moore	of 3256

Rich: I can honestly say that now I have the TSV piercing the "0" or neutral level and going straight up to the top of the Graph. Maybe I didnt make a mistake yesterday? Maybe it was a vision of what was going to happen? Also got one positive green spike onb the BOP. Money is definitely going into this.Question is whether it was short covering and/or the Zenith News. I just dont know what else is out there to do it.I disregarded the news form the guy on AOL that supposedly heard from his Broker. My TOYH jumped today and it has much of the same picture. I suspect that it was because of the piece that CNBC did on "Toys" today that told of the big buying in Toys and Video games along with the CEO of Nintendo America and the fact that on the first day of the new Nintendo in Japan recently 500,000 units of something applicable to them sold. My point is that when the basics look good either Fundementals or Charts or both and Good News comes out then the Stock moves.Also look at MXP or Mesa Petroleum on the News that Boone Pickens was kicked out and Rainwater bought the company. As you know Rainwater was the Financial advisor to the Wealthy Bass Brothers in Texas before he went out on hs own and made them a lot of Money.This has to be what is happening with AXC. Good Fundementals and Good News and I would think the News would have to be recent. AXC is up over 30% in two days. Does anyone else have any info or ideas? Charles

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