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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 12.18-0.3%Dec 5 9:30 AM EST

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To: scrooge who wrote (6528)3/25/1999 11:35:00 AM
From: Michael Olds  Read Replies (1) of 17679
 
No Volume makes sense to me at this point. I would guess that most of those who have the stock, have seen it at 1. It is hard to "feel" the stock is a bargain at near 3. On the other hand, we do not yet have a flood of new investors who see the future as bright. And on the other hand (I'm great in the kitchen) those who have bought at under two have seen 5 too recently to believe that 100 150% is the max gain they are going to get on their investment.

Happy cooking RCH!
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