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


To: Ed Perry who wrote (1315)11/26/1997 1:32:00 AM
From: WAI  Respond to of 17679
 
Ed,

I don't know much from dojis, but I do like to watch the
tape go by. I don't have access to tick-by-tick data, but
this 5-minute binned graph
iqc.com
shows some volume at the very end of the day. I'm curious
if anyone has the tape data and could give some more info
(was it actually one block ~140K?).

I've also casually tracked the option activity over the past
month or so:
cboe.pcquote.com
and have noticed a general trend of call OI creeping up and
put OI winding down. Volume has been nothing really, I don't
remember a day with more than 10% of OI traded (one day someone
rolled out 100 Jan 7.5 puts to Apr, but those have since been
unwound). Keep in mind this is just a rough summary of my
intermittent observations - I could have missed something
pretty easily, so if anyone has harder data, please post.

Thanks,
William



To: Ed Perry who wrote (1315)11/26/1997 1:56:00 AM
From: Hal Campbell  Read Replies (3) | Respond to of 17679
 
Round up them dojis. Head em up. Move em out.
Folks, I own this stock. Consider it cheap. Too cheap to sell. And it is bound to rally someday....to some degree. I am no technician , but it has tested more bottoms than a convention of proctologists in the last year and a half.
Still...coldly looking at it...soberly..in my opinion, for whatever it is worth...although it is cheap, I have changed my mind and decided not to buy more here. Simply because I do not see where any AXC growth is going to come from in the intermediate future. Maybe a touch of DST, but even that is uncertain. What is virtually certain is that TV revenues will continue falling. Personally I need some hard evidence of progress combined with a cheap price to add any more quills to this porcupine. That may not come till 99. It may never come.