Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 12.40

-15.6%

Feb 4 3:59 PM EST

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To: aved who wrote (2652)	4/26/1997 1:16:00 AM
From: charles moore	of 3256

Aved: I dont know if I would go as far as to state that "Branson is a con man"? If I felt that way then I would not own the Stock let alone be on this Board. I only have a few "aggresive" or Speculative stocks.The other one is THQI.They recently announced an 80% Improvementin earnings over the same quarter of last year. They floated a Secondary a few months ago which kept the Price down and now they are talking about granting Options etc. Earnings also improved in 96 over 95. The stock has not moved in 5 months and the IR dept stonewalls you. In short there is no direction. My point is that there is no Direction here in AXC that I can see.I did not buy this Stock for KM but now that it is a possibility there should be some News on it even if the News is "No progress" or no Feaseabilty or whatever. There has been no News on the various aspects of the Lawsuit and why they are being tried in a certain way and as far as I know there has been no answer as to whether or not PIP patent expires in July as was mentioned before etc. Are any of you aware that there is talk in Congress of limiting Patent Protection to 18 months? In short, there would not be Posts of people preparing long lists of Questions to ask if there werent so many questions.In short there is no Definite Direction. Charles

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