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

To: stan s. who wrote (6075)	3/6/1999 3:21:00 PM
From: Michael Olds	Respond to of 17679

Thanks stan. I also noticed the early buy signals, but like to wait for the first up tic. I have noticed that (everything else being neutral) this stock usually trails the market by a day. Therefore my read is that there are eager buyers out there waiting for an excuse to buy. My feeling is that the market had a strong influence on what was happening to the price of AXC last week. Technology stocks were the focus. That could be a plus or minus depending on how that group is seen next week, but as of Friday it had the green light again. I also think we suffered from the bump up from the last Gardy post. His positive post would probably have sustained momentum in a positive market, but in a negative market it may have had the opposite effect when the stock slipped (no fault of his). SFC: NOT ME!