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

To: Ed Perry who wrote (1292)	11/24/1997 1:52:00 AM
From: charles moore	Respond to of 17679

Ed: I have Wordens TC2000 also and have used it with AMD, Pepsi and THQI to name a few along with a real Speculative stock called Dawson for a 50% move in a week to get in and out.I have also noticed a reversal in trend with AXC although I dont go into detail as much as you or quite that deep.I am now back into AXC to a degree and also a little into ADTC with its disappointing quarter.Also it loks like a lot of the "Children" are off the street with the shakeout here and elsewhere. Also someone mentioned that AXC usually goes up after Bransons purcahses and he recently purchased 150,000 shares, Ill take 5.3 for a double. Im not greedy. Charles

To: Ed Perry who wrote (1292)	11/24/1997 1:13:00 PM
From: Ken Holbert, Jr.	Read Replies (1) \| Respond to of 17679

Ed, Thank You, Thank you, Thank you. Finally someone with TA ability. Unfortunately I shorted 2/3's of my position against the box on friday at 2 11/16. I just did not want to lose any more money and did not want to sell either. Hoping to cover my short somewhere around 2. I was thinking the selling pressure would continue with this stock until the next earnings report and 10-K, barring any news. However, if this is year end tax loss selling then maybe it will bottom between now and Dec 6. I really appreciate any technical insight because, fundamentals have been thrown out the window at this point, ie (reflected in the stock price). Regards, Ken Holbert

To: Ed Perry who wrote (1292)	11/24/1997 2:21:00 PM
From: Stephen M. DeMoss	Read Replies (2) \| Respond to of 17679

Dear Ed, Thanks for your TA! I was hoping someone would enter the discussion who has experiance in that area. Keep updating as you find deviations or expected movements. I believe technically the stock is close to a rebound. Last year (at higher levels) at this time the stock was stagnant and made a VERY suprising pop. There is something to TA and Axc has followed some predictable patterns. Of late we are in a downtrend bouncing off 25/8. For some reason I still see one more low of 21/4 but no reason beyond watching the stock move to the lows of a given number and then bounce up very well and then retrace. I keep buying 500-1000 at a new low. Put it in at the bid and usually pick it up. I bought another 800 at 29/16 today. I do so because we dont know the bottom but I agree with you that technically we will get a bounce somewhere here. Thanks again! Sincerely, Steve D.