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

To: Ron Reynolds who wrote (12973)	12/8/1999 9:36:00 PM
From: Ted Michalek	Read Replies (1) \| Respond to of 17679

Does anyone have any ideas on the convertables. If you look at the end the last 4 quarters around the 15th of the month the share price has always been run down. Have the gone away?

To: Ron Reynolds who wrote (12973)	12/8/1999 11:29:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 17679

Exactly! The stock is slowly but surely moving out of the hands of traders into the hands of investors. This is a very different pattern than in prior run-ups. I see no reason not to expect more of the same tomorrow. Another 1/4-3/8 tomorrow on another 6-800,000 shares. We'll be pushing 6 before long. And the best thing is that the redeemable holders won't be able to manipulate the price because with a rising price the number of shares they can sell keeps falling. Carl