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Technology Stocks : Ampex Corp: Digital Storage
AMPX 9.475+2.5%Jan 9 3:59 PM EST

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To: Michael Brian who wrote (1155)1/4/1997 10:00:00 AM
From: salim salloum   of 3256
 
welcome back!
i am bullish on AXC ..if you look at yesterday's trading activities the low was 8 7/8
and high 9 3/8 and it opened at 9 1/8 as it closed THursday...
but; the stock was down @ 3:58Pm to 9 and the bid was 8 7/8 and ask 9
and at CLOSING....
big buyer brought back the stock to unchanged!!!
if this was not a bullish sign i don't know what is ??i think the MM's are keeping this price at the 9'ish level since brokerage houses usually
are more privy to info you and i get late on the open wires and i think Friday's trading is an indication of good news to follow...maybe the week of the 6th??may be noy?
to all!
STAY LONG AND STRONG!
i am and i have a lot riding on this one
salim
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