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


To: Ed Perry who wrote (6380)3/20/1999 8:17:00 PM
From: Michael Olds  Read Replies (1) | Respond to of 17679
 
>>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.

Ed: I keep looking at those lower highs and lower lows, if something doesn't come up soon to move this past resistance at 3.5, it looks like that saw is going to reach bone.

A closer look at the charts does show a couple of encouraging signs: both the Stochastic and MACD are in bullish territory, and have given recent buy signals.

May be I am thinking too close to the screen, but I think EB knows that the AXC stock prices is his mula, so his interests (aside from his personal stake) must be in a higher stock price. This, in turn, is as much a PR matter as a value matter, and I would hate to think that the momentum built up by the bangbangbang releases of the recent past was to be let to die a slow death. We do have the 10Q due any second, but it seems to me to be a long shot to hope that that will produce any positive excitement. Therefore! If there is any kind of strategy at work here, we are exactly due for some new good news. Allowing AXC to hit a new, lower low, would be an opportunity missed that might take much much more effort to create a stock price boost than would a timely announcement before that point.



To: Ed Perry who wrote (6380)3/21/1999 12:22:00 AM
From: Chris Elsass  Read Replies (1) | Respond to of 17679
 
Looks like IBM is jumping into the Internet Backup Storage Services Arena. This market was designed for Ampex. I hope they arrive soon.
$20 per month seems very reasonable for this service.

cnn.com

It's in the Vault
In related news, IBM launched its PC Data Vaulting service, which protects desktop and notebook PC data from disasters such as accidental deletion and corruption of files, system failure, or theft. This service automatically stores multiple copies of data in off-site locations. Files stored on the hard drive are automatically backed up to an IBM secure data center whenever the PC is connected to the Internet.

The PC Data Vaulting service can retrieve documents that have been deleted from a PC in 30 seconds over the Internet, IBM said. In the event of a system failure or theft, all contents of the user's hard drive can be delivered on a CD-ROM overnight. Available now, a subscription to the service costs $20 per month.

The IBM service uses file-comparison technology that backs up only the parts of files that have changed, allowing users to connect with dial-up or leased line, said James Sciales, an IBM spokesperson.

"The technology incorporated into the service is best-of-breed for backup scaled down for small businesses in order to level the playing field," said Sciales.



To: Ed Perry who wrote (6380)3/21/1999 2:05:00 PM
From: scrooge  Read Replies (1) | Respond to of 17679
 
BCST news :
"New York, March 19 (Bloomberg) -- Yahoo! Inc., the No. 1 Internet directory, is interested in buying Broadcast.com Inc., Business Week reported in its online edition, citing an unidentified source familiar with the situation"

Yahoo Chairman and Chief Executive Timothy Koogle, co-founder Jerry Yang and other senior managers have been meeting with executives at Broadcast.com to discuss a potential acquisition, which could be valued at almost $3 billion, based on Broadcast.com's closing share price today. America Online Inc. and General Electric Co.'s NBC unit also are interested in Broadcast.com, an unidentified source said, and none of the companies would comment, the magazine reported.

Shares of Dallas-based Broadcast.com, which transmits audio and video programs over the Internet, have more than doubled this year, falling 2 to 85 today.

(Business Week Online 3/19 www.businessweek.com)

Don't get too excited ,, 3 bill comes to 87 a share,, for BCST

not much of a premium !



To: Ed Perry who wrote (6380)3/23/1999 4:50:00 AM
From: B. A. Marlow  Respond to of 17679
 
A bit surprised we didn't participate in the BCST frenzy, Ed.

ITVU, for example, was up over 40 percent. AXC's failure to move suggests it remains way off of investors' radar screens, including those of position traders, day traders and (perish the thought) pump-and-dumpers. In a way, sympathy stock price movements are a measure of the value to AXC of PR and strategic affiliations for its Web initiatives. We need a lot more to be noticed. Here, Marlboro Man can help.

On the other hand, it's a bullish indicator in that it shows us the way. With a strong marketing plan, we'll get the traction we need.

BAM