Ampex Corporation (AEXCA) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.82

+0.8%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Hal Campbell who wrote (5097)	2/1/1999 8:23:00 PM
From: Michael Olds	Read Replies (1) of 17679

Hal et al. I don't think so. Unless the heavier heads on this site have it exactly wrong this stock has story. That means that while there may be some playing around like we have seen the last two days, it is going to go rapidly to some sort of rational valuation. By rational I do not mean rational. Nobody with any bucks would have put money in today, not tomorrow morning either. Why should they? Let the MMs jerk the weak hands around and when the volume slows and the price sticks somewhere, then they go in again. Remember the way it went the first run up. Four to Eight days of lesser and lesser volume and lower and lower prices, two or three days at a certain price and then boom, a million shares. Then repeat. That was before it got hot. This one has eyes on it all over. The safest thing for those of us who are investors in the company, is to mentally allocate so and so many shares as our long term holdings, valued at 10% of the hot market, and trade around the position to keep from going nuts.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next