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


To: hookjock who wrote (9705)6/30/1999 7:26:00 PM
From: Carl R.  Read Replies (1) | Respond to of 17679
 
Two important things could have caused the buying at the end. First of all, Russell 2000 funds had to buy at the closing price. Secondly, some funds with a large position in AXC could have engaged in "window dressing", in other words, by driving up the price of AXC at the very end they make their quarterly performance look better.

Now the question is, where to from here?

Carl