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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.51+5.9%Dec 3 3:59 PM EST

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To: Hal Campbell who wrote (4015)12/14/1998 5:40:00 PM
From: mrvn t. martian  Read Replies (1) of 17679
 
hal, i found out some interesting info on the trading of the stock today. this stock would have been much higher if not for the following. i have a friend at a specialist firm on the floor of the amex, so when i called him at 2 today, he said he was waiting all day for me to call. there was obviously a huge seller today. of the first 500,000 that traded, only 20,000 hit the bid. i found out that pershing had over 1,000,000 for sale today. i will try to find out tomorrow if they are done, i would assume from the volume today that most of it is gone. i think with that aside, and more news to come hopefully, this stock goes up.
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