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

To: Michael Olds who wrote (7680)	4/21/1999 12:09:00 PM
From: advinfo	Respond to of 17679

There were very nice bids the last two days in the high 4's. Textbook low vol pullback and test of support.

To: Michael Olds who wrote (7680)	4/21/1999 3:49:00 PM
From: Dave Heibeck	Respond to of 17679

"Margin. You may be right, on the other hand, the kind of wack-o that invests in AXC is likely to have immediately taken his extra margin and bought more AXC." And your point is? Some of us wack-o's don't use margin, only invest the cash we have to play with. I add to my position monthly!!!

To: Michael Olds who wrote (7680)	4/21/1999 10:13:00 PM
From: Carl R.	Respond to of 17679

Re: Wacko's using their new found margin to buy extra AXC That is a scary thought, but you are probably right that someone did it. That sure isn't something I'd do. In fact after selling a few shares in the 6.25-6 15/16 range I have been merely holding. I had more than I really needed, and in any case I still have plenty. I though that the move to 5 9/16 was a positive sign today, though I would have liked to see it hold at least 5 3/8. Good luck, Carl