Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 11.28

+0.9%

Jan 21 3:59 PM EST

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To: Ed Perry who wrote (3495)	9/23/1998 10:03:00 PM
From: David Wise	Read Replies (1) of 17679

As far as the change in volume often preceding a big price momentum change, I can agree. More so with certain companies than others. From what I've seen, though, Ampex will be one of the hardest to detect a volume change before news. They are very careful and even secretive. I guess legal insider trading could be detected before SEC filings come out, but that's a hard one. Of course it could happen just from a momentum of interested investors not wanting to miss the boat. By now I would hope that the Accumulation would be reaching the end of the cheap Distribution (meaning only that further accumulation will have to pay higher prices). I'm one who doesn't have the time to follow these important but tedious statistics, so I do often buy or sell too soon. None the less, I keep an eye open for daily volume swings and have played this to my advantage.

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