Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 14.69

+11.8%

3:59 PM EST

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To: Ed Perry who wrote (4425)	1/12/1999 5:42:00 PM
From: mrvn t. martian	Read Replies (1) of 17679

ed, i agree with your reasoning for the bottom at 1 5/8, mine was a bit simpler. i took the run, 7/8 to 2 3/8, a 1 1/2 point run, subtracted half of the run, 3/4, got 1 5/8. once it hit 1 5/8, it shot right back up. this is not a dead cat bounce, we have a specialist who is baffled and major buy volume, something is cooking and it smells good.

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