Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 11.55

-7.5%

Feb 10 3:59 PM EST

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To: Forrest Coile who wrote (262)	8/22/1996 8:13:00 PM
From: charles moore	of 3256

Tracy: It could be short covering due to the Technological advance and it could be just due to the Technolgical advance and it could be news we havent heard yet.I just checked my charts and TSV in Axc which was negative last night bounced and went through the "0" or neutral line and shot straight up almost to the top of the graphl. I will say one thing but I should caution anyone that I dont know this for a fact and have no idea if it is true. Over on the Stock investing boards on AOL an individual wrote that his Broker told him that there would be news released in about 3 weeks that AXC has secured one KP contract.I dont know how he would know.Also Zenith received a billion dollar contract for TV Cable boxes. Does AXC hold any patents on these? I dont know. It could be that AXC is up due to the euporia on Zenith. Still there was a lot of money that flowed into AXC for some reason. I started to buy more last night when it was a little over 6 as I thought it was low but talked myself out of it.Instead I bought more MTY. If you or anyone else find out anything let us know. Charles

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