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Technology Stocks : Ampex Corp: Digital Storage
AMPX 10.91-4.6%Dec 12 9:30 AM EST

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To: Paul Corbett who wrote (2120)3/6/1997 4:19:00 PM
From: Gus   of 3256
 
Speak for yourself, Paul. You got on the momentum bandwagon at 10 or higher, I believe. Now, Paul here is another clear example of an aspiring momentum player who wants people to subscribe to his point of view. Why is it important for him? The comfort of numbers? Nawww, he didn't know why he bought AXC in the first place and his mechanical system got him out at $7.50, or so he claims. He bought in December after seeing the 'false' breakout on 11/20-21 on high volume. That's an eternity, by the way, if he did see that 'breakout' on his chart. And just like Norman/Allen, he is now dispensing investment advice.

You know, Paul, there are some very sophisticated traders following this stock who rarely post, if ever. Directly or indirectly, however, they contribute fundamental data that is easily verifiable. They understand, and I am taking my cue from them, among others, that the wisdom they have accumulated from years of reading charts and analyzing companies is better left in the service of making money and definitely NOT in the service of winning a pissing contest or inciting a stupid argument on some obscure message board.

Get a clue, buddy.

Note: Your Rupert Murdoch just bought some more of the DSTs. I wonder why.
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