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

To: Carl R. who wrote (9078)	6/9/1999 10:07:00 PM
From: HPilot	Read Replies (2) \| Respond to of 17679

I hope they drop the Emblaze. It ran poorly and took a long time to run. We need broadband! We need to get into the digital TV market!

To: Carl R. who wrote (9078)	6/9/1999 10:26:00 PM
From: Ed Perry	Respond to of 17679

"OT" - I plotted a daily line (connecting daily close) against a Chaikin Money Flow and the graph confirmed what I had sensed. Specifically, the Chaikin and the daily line are converging (the daily line down while the Chaikin is moving up). This can be interpreted as a sign of strength or of quiet accumulation despite moderately falling prices. Also, while the daily line is resting on a horizontal support line at 4.00, the Chaikin is about to cross above its zero line (closings are tending to the higher range of the day). This in itself is a short term trading signal. Finally, comparing this correction to that of Feb. / March, shows the current correction to have more internal buying support than the prior correction. Also, from the line graph, the current correction is giving evidence of significantly better wave motion - usually a signal of a technically better trending market. So, barring any big news event, price should firm very shortly and the possibility of a rally stronger than that of early April (2.50 - 7.50) is being technically suggested. Ed Perry