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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: Hal Campbell who wrote (9028)	6/7/1999 12:25:00 PM
From: RidgeRunner	Read Replies (2) \| Respond to of 17679

Okay, all you T/A gurus, what do you make of the low volume with a narrow price range that we have seen for several days now? A few months ago Ed Perry characterized a similar pattern in AXC as being indicative of a drying up of selling. It preceeded the two big run-ups we have enjoyed so far this year. As I recall the longer the doldrums last the more violent the eventual move up. Looks like we are in the same mode now. Those holding the stock are not inclined to sell it, especially before June 28th. And, so far, the general investing public remains oblivious to our gem, so buying pressure is minimal as well. Any thoughts? RR