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


To: Michael Olds who wrote (6894)4/8/1999 12:15:00 PM
From: killybegs  Read Replies (2) | Respond to of 17679
 
Speaking of profit taking...why is it becoming such a grim exercise..I sold ITVU at 41 from a high teens cost.....AHWY at 17 from a single digit cost.. and IATV at 6 after buying it at 2 near yearend (this is obviously my "take a shot" portfolio) Obviously it is painful to see where they are trading today, but I do think it does portend what may happen with Ampex when they "undress" their strategy in full.....
The timing could not be better scripted to announce the birth of a leading edge "internet TV Worldwide Network"

This probably does qualify as a "hype" type message so "caveat emptor"



To: Michael Olds who wrote (6894)4/8/1999 9:56:00 PM
From: Carl R.  Respond to of 17679
 
At those prices I sure wouldn't try to get in and out. You've got to get 5/16 of a point just to break even, which is a huge amount in these price ranges. I can make money on 1/16 of a point, and the stock is in my IRA, so I don't have to worry about taxes, but I have no interest in selling just yet.

Carl