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

To: Ed Perry who wrote (3495)	9/23/1998 12:53:00 PM
From: Glenn Perry	Read Replies (2) \| Respond to of 17679

>>>In Ampex's case, there is in place the characteristics of a turnaround, a new venture, a high-tech in an emerging market all of it headed up by a strong financial management.<<< I agree with you there, Ed. I try to pay attention to the rapidly changing industry of data storage/internet bandwidth to see what sector Ampex will be able to provide needed equipment/expertise. As I have stated many times, their equipment (DST) is of such high-performance caliber, they have yet to find a mass market that requires the astonishing speed and capacity. Yet we have seen some sales to news organizations to organize their media content. I think once the bandwidth problem is increased to levels sufficient to support real-time video streaming, we'll see Ampex as a major player. It will be interesting to see what the next acquisition will involve- that will be a clue as to the direction they are heading in, as well as the market they are focusing in (in a more detailed way).

To: Ed Perry who wrote (3495)	9/23/1998 10:03:00 PM
From: David Wise	Read Replies (1) \| Respond to of 17679

As far as the change in volume often preceding a big price momentum change, I can agree. More so with certain companies than others. From what I've seen, though, Ampex will be one of the hardest to detect a volume change before news. They are very careful and even secretive. I guess legal insider trading could be detected before SEC filings come out, but that's a hard one. Of course it could happen just from a momentum of interested investors not wanting to miss the boat. By now I would hope that the Accumulation would be reaching the end of the cheap Distribution (meaning only that further accumulation will have to pay higher prices). I'm one who doesn't have the time to follow these important but tedious statistics, so I do often buy or sell too soon. None the less, I keep an eye open for daily volume swings and have played this to my advantage.