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Technology Stocks : Ampex Corp: Digital Storage
AMPX 7.887+0.7%Dec 31 3:59 PM EST

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To: Hal Campbell who wrote (1536)1/30/1997 11:46:00 AM
From: NORMAN DUNNWYN   of 3256
 
I am not short on AXC, I just feel AXC is in the downtrend up to this moment. The last time I checked, AXC was 7 11/16. Up to this moment there is no sign of recovery at all. I just sold my position this morning with a huge loss,an i just bought IMAT (Imatron) at 2 7/8.
For every 1 AXC share, I got 3 IMAT shares. If IMAT up 1 point=AXC up 3 point. Volume of IMAT has been high recently, yesterday the volume was over 500,000 shares. This morning at 11.40AM EST, the volume is already 577,000 shares. Something good is around the corner of IMAT
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