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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.00+3.1%11:40 AM EST
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To: TheBusDriver who wrote (4705)1/26/1999 8:52:00 AM
From: Texas77  Read Replies (2) of 17679
 
Wayne,

IMO - Since AXC was already an undervalued stock based on it's PE and because it is high tech - coupled with now trying to become an internet play - I think we can throw TA out the window for now. I've heard it said that TA is tough to use on stocks under $5 anyway. Oh well - once we get up over $5 in a couple of days we can start applying TA again <VBG> - unless of course the internet fever kicks in - then we will have to wait for much higher levels.

Dave
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