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


To: HPilot who wrote (11524)10/1/1999 5:14:00 PM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
Yeah, lots of possibilities Hugh. Could even be the dead reverse of what it seems. If an institution was thinking of buying they might put their big toe in the water and use that to take the temperature ...find out if there were a lot of buyers around that price ...adjust their intended actual entry point accordingly.That would serve the function of determining buyer demand...and if it just happened to deflate the price a bit?...so much the better. Nothing illegal about it. Actually I am sort of surprised we axc shareholders haven't all been institutionalized by now anyway <BG>.

I am not a specialist conspiracy theorist so much- just don't know- but I sure have seen a bunch of stocks act strangely before take off and/or a plummet....and I find a serious plummet from here pretty tough to imagine at this point. Nothing to justify it.

So lemme look up that Neff piece again and post it. Even if it isn't a market maker ( we have none) game going on.....something weird is. So the general tone of it might be worth soaking in again....even if the specifics are lacking.

Recall that story...from less than 20 years ago ( I think it was the same guy who handled Hillary's commodity killing)...of a commodities trader who paid dozens of small cattle dealers to drive all their herds into the KC stockyards at one time one morning to start an "oversupply of beef" selling panic...and was waiting patiently under the price to buy up the sales.

While it is of course true that AXC's business success or lack of same will determine their fate in the long run..in the short run...when it comes to stock price...weird things do take place. So ,for better or worse, lets try to figure out where the business might end up - I agree with Ed Perry's statement that it might behoove all of us to ignore the price right now.

Have a good weekend all.



To: HPilot who wrote (11524)10/1/1999 5:46:00 PM
From: TheBusDriver  Respond to of 17679
 
<< This Thompson info doesn't seem to mean much does it? Remember all of the buy interest's earlier? The stock just kept going down and down. >>

I have always used Thompson as a contrary indicator....

wayne