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


To: Brian D. Potts who wrote (6842)4/7/1999 4:33:00 PM
From: df  Read Replies (1) | Respond to of 17679
 
If you are looking for an example Jeff:

One could use is that of DBCC and MKTW; DataBroadcasting and MarketWatch. DBCC along with CBS brought MarketWatch public (IPO) 1/15/99. They both own about 38%. DBCC had a high of 31 and a low of 21 3/8. MKTW had a high of 130 and a low of 90. Before the IPO and during the first hint of news, DBCC hit a high of 50 5/8. Using this example; the issuing Co. peaked on the news before and up to the IPO. Naturally the IPO spiked and stayed high during the FRIENZY. Four months later, DBCC is 15 3/4 and MKTW is in the 80's. Don't expect AXC to jump as much as a new issue. If you only want to stay long until a great profit with AXC, GET OUT BEFORE THE NEW ISSUE. The shorters will run havic with the market. If not and you want to stay and groove with AXC and this great board, hang on for a long and profitable ride.

Ps.... I just cancelled a limit/sell for some @ 4.5. (bs) big smile..... I'm stay'n

Thanks for the site Jubimer !