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


To: mrvn t. martian who wrote (9174)6/14/1999 6:55:00 PM
From: Hal Campbell  Read Replies (2) | Respond to of 17679
 
Cards , thank you. Invaluable info. That would be Credit Suisse readjusting their position then. I do not mean to be mindlessly positive here - real risks still sure lurk - but the Credit Suisse sale would bother me more if Eagle Asset ( I think it was) hadn't liquidated their whole position at 1 and below. Funds make mistakes too.



To: mrvn t. martian who wrote (9174)6/14/1999 6:59:00 PM
From: pezz  Respond to of 17679
 
Marvn I watched the tape all day and what you say is obviously correct. There were almost no bids (except tokens from the specialist) from 3 1/2 down to 3 then when they did appear the seller threw stock at them............ At least there were buyers to meet the seller at these prices. The question is. Are they through?
pez



To: mrvn t. martian who wrote (9174)6/15/1999 1:41:00 PM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
Perfect call on the short term bottom, Cards! You post rarely, but your posts pack a substantial wallop. I see there is still a fair amount of selling pressure into the rally ( and that news was excellent).
I am very much of the " let em sell" school myself, because the business strategy seems nicely on track. BTW, while not like in the league of Hollywood or 57th street real estate - TVontheWeb's new Reston offices are in a pretty pricey territory. The money for that and all the new employees must be coming from somewhere. AXC is anything but blind to cash flow.
( also excellent posts Ed and Scott and Value Hunter and Brian etc. - and thanks for the news Paul.)



To: mrvn t. martian who wrote (9174)6/15/1999 2:02:00 PM
From: flickerful  Read Replies (2) | Respond to of 17679
 
i must echo hal: you are nothing if not precise. thanks, marvin.<eom>