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


To: Hal Campbell who wrote (2571)4/21/1998 3:53:00 PM
From: mrvn t. martian  Respond to of 17679
 
love to see ampex do a KTEL or an SEVL, wouldnt that be nice?



To: Hal Campbell who wrote (2571)4/21/1998 4:14:00 PM
From: Jim Goodman  Read Replies (3) | Respond to of 17679
 
to all: I appreciate the salient posts....I am trying to buy more AXC at 2 3/8 here, as it seems to be forming a better depr. saucer base down here, as per my "PSYCLE sm" concept....FYI, I orig. rec'd. it in 1996, and had a big rise, then, in again around 4., sep. 1997, then near 2. jan. 98, and now, again....it's 200 day MA is also falling to close the base level, so when/if it can breakout above the 3 1/4 level, it can pop towards resistance around 4+ anyway....I know it's not much, but is worthy of accumulation down here, as its pattern unfolds....of course, we'll see how it looks when it gets to 4., but some decent accumulation in this base, and should have the initial rise at least....stop if breaks 2., of course...hope this helps, best wishes,



To: Hal Campbell who wrote (2571)4/21/1998 10:12:00 PM
From: Hal Campbell  Read Replies (2) | Respond to of 17679
 
<<Noting without comment that the entire board of directors for AXC seems to be comprised of people with financial, rather than technological, backgrounds.>>

(Reminder to myself. That ain't always a bad thing.)

On the surface, this is a wonderful opening move. Even if this company is losing money .....they got it for a song. Maybe Ed cashed in his old collection of green stamps on this transaction. Very very positive news , in my opinion.