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

To: killybegs who wrote (6304)	3/17/1999 5:03:00 PM
From: killybegs	Respond to of 17679

Whoa, check out the Great Debate, March 30 on Tv onthe Web...should bring great visibility to the channels.Microsoft vs. Lotus vs. Netscape....

To: killybegs who wrote (6304)	3/17/1999 5:03:00 PM
From: DrD	Respond to of 17679

While I'm no expert on technical analysis, today's close with increasing price and volume appears to be a positive sign. I hope it is only the beginning of an upward trend:)) Meanwhile, I continue to buy the dips whenever the opportunity presents itself. BTW, thanks for all your insightful posts and analysis. DrD

To: killybegs who wrote (6304)	3/17/1999 5:09:00 PM
From: Sam Citron	Read Replies (1) \| Respond to of 17679

I think the technical term for it is a pennant or a flag. You can see this in the chart pattern at tscn.com Such a pennant is a common consolidation pattern after a sharp run-up as AXC had from 1 to 5 in January. The theory is that it is resting up for the next leg of the journey, perhaps to 9 or so. I am not a huge believer in TA [technical analysis]. So I'll leave it there, but today's action was encouraging even if the volume was a bit thin. Tomorrow should be even more interesting.