Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Carol M. Morse who wrote (4344)	1/5/1999 10:05:00 PM
From: Ed Perry	Read Replies (1) \| Respond to of 17679

Guys and Gals ............... AXC had about a 45% increase from .81 to 1.21. Now it is supposed to have a pullback of anywhere from 1/3 to 2/3 the last run distance. So far the pullback is 1/16 and that without any volume. In fact it looks more like a higher resting or consolidation level to me. More important the last two minor moves look like real trading waves. Like red flags waving, these are very healthy and are sure to attract the bulls and even some bears. In contrast, those recent flat days where each range mirrors the prior (while often good end of bottom patterns) is of little interest to anyone. For a sold out orphaned shadow stock, the first rally often goes unnoticed. Who would believe it? Even better, what analyst or sponsor is there to tout it? IMO, the very process which AXC suffered (in reverse time order) the tax loss sellers, the analyst abandonment, the index fund sellers, the loss of optionable status, the loss of marginable status, will have to be replayed but now in reverse. As announcements (and PR releases) become more steady - we had three so far (the 7.8MM DST order, the WSJ Article now the new MicroNet Line) in the last three weeks, the investment community will "discover" ol' AXC and we may even pick up an analyst who will be happy to follow prices right on up. In conclusion, sit back, relax, watch the snow melt - nine out of ten, the worst is over. Ed Perry

To: Carol M. Morse who wrote (4344)	1/5/1999 10:11:00 PM
From: flickerful	Read Replies (1) \| Respond to of 17679

carol....re: webdesign point well taken... have a look at the stratos website here [ under capabilities, i think...] danhausen.com and, then.... for generally conscious web design, try this: commarts.com also, i have some links on my profile which are terrific examples. imagio is sleek enough, but i think it could be a bit more dynamic. i am a minimalist, so on that level, i like it; i just think their content is "thin". [ and we needn't mention spelling...<g>].