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

To: Michael Olds who wrote (6333)	3/18/1999 12:29:00 PM
From: Sam Sara	Respond to of 17679

<Up on no news bothers me too> Speaking from painful experience, when a stock drifts up on "no news", with mediocre volume, the most likely explanation is that there is news to come. The small investor is out of the loop, and the last to know. Short term MACD buy signal now exists, and this will contribute to accumulation. I am sure many are waiting for "vision thing" in 10K, which is due by 3/30. If Bramson does not articulate a compelling vision, stock price is sure to suffer in short term, in the absence of other news. Long term (months) this stock is a no-brainer, with little downside, and lots up upside, for multiple reasons already written about. Storage alone is going to be a large market, but add to that the internet twist with recent acquisitions.....major potential revenue streams, even if you forget IPOs to come. Get in now, while stock remains cheap. Key elements: marketing (Marlboro man), alliances (any association with internet high fliers will lift this stock above $5, and ignite the rocket), and (short-term) clear articulation of business plan.