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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.93+7.7%12:03 PM EST

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To: Sal Davis who wrote (1371)12/5/1997 1:04:00 AM
From: Ed Perry  Read Replies (1) of 17679
 
No dead cat bounces with AXC. Much too many interested
parties now a following. Those big blocks today smart of
fund interests.

If anything , I would expect one wild ride. I don't mean
straight up but instead with many devious and labryntine
moves.

The fact that this thread is so lively, and that AXC was in
play so recently means a lot of "Mr. Market" excesses are
built into this baby. Were these forces to play out, there
would be a tapering off of volume and a quieting of price
in time. Sane value buyers like to buy during these then quiet periods.

Look at it this way. At these prices you are really going to
get your moneys worth. So, sit up lean foreward grab on tight
and enjoy.
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