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


To: digger who wrote (6478)3/24/1999 10:05:00 AM
From: Michael Olds  Respond to of 17679
 
Just below 50DMA. Right on the center line of the Bollinger Bands, and right on a line drawn from the center line of the Bollinger bands as of 12/15 to yesterday. And right between several standard deviations. If I believed in TA, I would say the stock was right where it was supposed to be.



To: digger who wrote (6478)3/24/1999 10:11:00 AM
From: TheBusDriver  Read Replies (1) | Respond to of 17679
 
<<face value>>

No problem there...however short term I felt it could be taken in the negative, so when we got really soft before the close I made an exit. I did not know about the 14A at that time...it was purely a traders guess.

Looks like the market is not too happy. We have about 40k traded at 2 3/4 so far...the whole time the specialist has been showing a 2k bid size....hummmm.....lot of downward pressure right now but that can change....I still like AXC and look forward the their turn at bat.

I can see 2 1/2 as a possibility...but what do I know? just guessing.

wayne