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

To: Ed Perry who wrote (4380)1/8/1999 12:39:00 AM
From: Carl R.  Read Replies (2) | Respond to of 17679
 
Once again, I agree. But to mind my the way of avoiding the battle at 1.75 to 2 is to have some substantial events take place. If we creep swiftly to 1.75, and then get some real news, the stock could give a real fight. Without real news though I am sure that we won't be able to get much beyond 1.75.

But enough already. Isn't it nice to debate resistance points above the current price instead of below? <G>

Carl



To: Ed Perry who wrote (4380)1/8/1999 11:01:00 AM
From: Carl R.  Read Replies (2) | Respond to of 17679
 
Well we've reached the early resistance at 1.4375 to 1.5. Actually the stock apparently has traded as high at 1.5625, but backed up (due to the resistance). The volume is already over 250,000. If this kind of volume keeps up I expect we'll get through this resistance pretty quickly.

Carl


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