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


To: D.J.Toal who wrote (5248)2/4/1999 6:54:00 AM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 17679
 
DON'T SELL! Its getting more tempting but if we let it go through 45/8 today, we will not find resistance till 5+. If this stock becomes marginable, it can then move into the 6's. I see 63/8's in 2 weeks if people resist the compulsion to take a few thousand off the table. Let it ride. We had a hammer two days ago, a higher high and higher low yesterday. Futures are up today (not that AXC has moved with the market<G>), and momentum is in our favor. Everyone: Dont sell today! Steve D.