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


To: D.J.Toal who wrote (5175)2/2/1999 10:35:00 PM
From: D.J.Toal  Read Replies (2) | Respond to of 17679
 
been researching the trades over the last two weeks. Feb 2 was a stable increase by small volume trades through the day after 11 am. 7 larger 10K trades were made in the last hour. This has been the most consistent trade day for the two weeks in a positive movement (based on the news release at 9:30am). From my perspective - AXC will trade higher on Feb 3 early. Who knows after noon. with consistent news releases (AXC has lacked in this area) a $6 mark can be made in short term and held.

This is a great opportunity and I can only guess - but Bramson won't mess this one up. surely axc has learned the lesson of no news is bad - however - when has axc been able to draw from sources of upbeat change and ideas other than KM? not to harp on KM - but that is why I and many others looked into this stock and bought into it only to see it fall. I believe the fall, or the extent of the low stock level, of axc was from lack of news. I have been a hard critic of ampex and have seen many ups and downs with this company. I have been long on axc and I sure as hell aint selling at $6 with the excitement I see -- What other stock can give you an opportunity like axc at this time? Please more news AXC! PLEASE MORE NEWS AXC!

Toal