Tom,
Don't want to disappoint you with a response that doesn't match your expectation

, but it's working here. Using your notes and parameter examples, Find/Change found nothing and left all notes at their original values of 70 and 110. This is the expected result, since the notes fell outside the 80 to 100 range.
I reran Find/Change and changed the max value to 120, which changed only the 110 velocity notes to 105.
Not sure why it's not working for you. You may have already done this, but the first thing I do is click the None button to make sure all fields are cleared. Also, make sure you don't click the "exc" checkbox under the Velocity label. You probably already know, but "exc" signals the dialog to include everything outside the range, which in your case would have included all your notes.
Ron