Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 8.700

-3.9%

10:43 AM EST

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To: ROCK who wrote (1987)	2/28/1997 12:03:00 PM
From: NORMAN DUNNWYN	of 3256

YES 6 7/8. NOW $7.00 IS BECOMING A RESISTANCE LEVEL Soon it will keep dropping below $6.00. Volume is relatively low, meaning, AXC shareholders just keep watching their AXC plunging without taking actions such as picking up more at this price if they think at this level AXC is undervalued. If they said at this price AXC is undervalued, buy more then. Otherwise this stock must be very overvalued.

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