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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.91-4.7%Dec 12 3:59 PM EST

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To: TheBusDriver who wrote (5564)2/16/1999 7:15:00 PM
From: B. A. Marlow  Read Replies (1) of 17679
 
(Semi O-T) Yeah, weak market open. Street hates DELL's results.

DELL didn't make the "whisper" earnings number, which was a couple of cents higher than it reported. Also, DELLs revenue number was short of fantasyland. Never mind that its quarter kicked butt. No mercy in this market. The very anticipation of this story had everything to do with today's crummy market action and tech weakness.

What a joke. DELL got clocked in after-hours trading. At one point, down almost $14 from the close, to $75.50!

BAM

(To DELL in a handbasket, no position...)

msnbc.com
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