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

To: Michael Olds who wrote (6375)	3/20/1999 7:13:00 PM
From: Ed Perry	Read Replies (4) \| Respond to of 17679

<< looking at the charts >> Last weeks rise on small volume was actually quite bullish. Day traders, mo-mo's and the public did not participate. These for a later time. For the present, more consolidation drift thus more accumulation. Realize of course, that the low volume could give the locals another opportunity to aim for the 2 3/8 or even 2 target again. If prices reach that low it sure would look disappointing wouldn't it? That's how I would play it. I think it will depend upon how much "press/media events" time AXC gets in the next weeks trading time. Remember though, from BAM's post: "WHERE THE MONEY IS. Although Broadcast.com is known for its extensive hookups with radio and TV stations, the bulk of its revenues are derived from broadcasting business events, such as earnings announcements or analysts conferences. More than 1,100 companies, including Intel and Texaco, pay up to $350,000 for broadcast services. Revenue from this business jumped 183% during the quarter ending Dec. 31, to $7.6 million, or 63% of the company's total. For the period, Broadcast.com had a net loss of $3.7 million. "These business-to-business services deliver cash flow that will really allow them to be a leader in the enterprise space," says Mooradian. " Excuse me ... what about TVontheWeb and AEN-TV .. hello! Eventually, these numbers will have to come out. Given the AOL/BCST news backdrop, there may be some casting about for look-alikes. Ed Perry