Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 11.00

+8.4%

Jan 16 9:30 AM EST

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To: Ed Perry who wrote (1292)	11/24/1997 1:13:00 PM
From: Ken Holbert, Jr.	Read Replies (1) of 17679

Ed, Thank You, Thank you, Thank you. Finally someone with TA ability. Unfortunately I shorted 2/3's of my position against the box on friday at 2 11/16. I just did not want to lose any more money and did not want to sell either. Hoping to cover my short somewhere around 2. I was thinking the selling pressure would continue with this stock until the next earnings report and 10-K, barring any news. However, if this is year end tax loss selling then maybe it will bottom between now and Dec 6. I really appreciate any technical insight because, fundamentals have been thrown out the window at this point, ie (reflected in the stock price). Regards, Ken Holbert

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