Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.82

+0.8%

Nov 26 3:59 PM EST

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To: Scott Pedigo who wrote (5078)	2/1/1999 5:06:00 PM
From: Stephen M. DeMoss	Read Replies (3) of 17679

Scott, Thanks for your note. My similar thought was, for the stock prices' sake, let's all agree not to sell for the next 30 days. If everyone on this board agreed not to give into the strong impulse to take profits (many here have accumulated from 7/8's up), the stock would have a chance to take off. The shorts would have to cover. The temptation to trade the heck out of this stock will only lead to continued deterioration of the stock price and build resistance hard to break from 2-5. I was tempted to trade out the past 3 days and did not. I won't sell for 4 weeks, giving the stock a chance to take in new news and force shorters to cover. Who else will agree not to sell till March 2? _______________________________ (sign in). Steve D.

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