Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 8.540

-2.0%

Dec 24 12:59 PM EST

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To: Jerry Gogol who wrote (4370)	1/7/1999 8:52:00 PM
From: Carl R.	Read Replies (2) of 17679

I didn't. <G> We've seen a lot of volume for the four weeks, the most in a four week period since 1997. Volume first, then price, they say. There were apparently a lot of shares trying to sell in the 1 1/6-1 1/8 range, which isn't surprising since that is the high since August. Now that we have broken through that (if buying continues) we could see light resistance at 1.5 followed by heavy resistance between 2 and 3. Carl

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