Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.10

-9.0%

11:57 AM EST

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To: Stan Klosowicz who wrote (413)	10/18/1996 3:09:00 PM
From: jonggua	of 3256

As I posted a few days back, one money manager said last year that if AXC would be 2 year old company it'd be a $20 stock. Bad history of not exploiting profitably their cutting edge technology. Also the cult status it received from AOl motley fool boards, and a subsequent short squeeze is why Iomega is so much more. Who knows about AXC? But wait! If AXC gets KM into several manufactures planes, I daresay it could upset Iomega for king of popularity and hype, and presumably, follow a similar delicious rediculous runup way ahead of fundamentals (that's what we're all hoping for, isn't it?) and a subsequent decline back to reality. from what I hear, AXC IS mentioned quite a bit on AOL and motley fool. Wait and see. Long term bottom has got to be around here in the low 6's I'd venture.

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