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

To: Hal Campbell who wrote (12584)	11/29/1999 10:50:00 PM
From: Stephen M. DeMoss	Read Replies (1) \| Respond to of 17679

Everything is pointing to further up moves in the stock. The volume, the daily price action for the past week or two, and this wall of worry. Yes AXC has dissapointed over and over. I, however, think this time may be differant. I am started to suspect that if you get off, you won't know where to get back on. Or get the chance. I have been tempted to sell in the low 3's, high 3's, low fours, high 4's and today at 5. If the release is meaningful and clear, I see this movement of the stock price as only the begining, and anyone in at these levels may be considered very shrewd. I'd rather watch it retrace to 3 than to sell here at 5 and watch it continue up to 25 this spring. Let's all take a deep breath <G> and one chill pill. Steve D.