Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 13.15

+5.7%

3:59 PM EST

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To: Scott Pedigo who wrote (4418)	1/11/1999 3:54:00 PM
From: Jimi Plym	Read Replies (1) of 17679

Over on the Yahoo AXC thread, Botswolak often talks about the market specialist for AXC affecting the short-term price of the stock: "This afternoon, the stock has dropped back to $1.625. Don't be fooled. Selling didn't result in the drop. It was the drop by the Specialist that caused the selling. Looks very bullish. Specialist is obviously accumulating more. Will probably close below $2 to keep off the RADAR. The stock will take off when the Specialist has been informed that an important news release is imminent. . ." messages.yahoo.com@m2.yahoo.com ____________ Scott, I think your explanation makes more sense. I don't know if they can manipulate stock price on the Amex like the Nasdaq MM's can (or can they?)

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