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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.67+1.8%9:55 AM EST

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To: ron giannamore who wrote (72)5/23/1996 6:00:00 PM
From: Daniel Schulman   of 3256
 
No news, but I got some rumor

OK, take this for what it is worth, the info chain goes something like this... I spoke to my borther whoe spoke to some money manager who spoke to some mutual fund guy who had dinner with some one from Ampex...

Word is Western Digital is issuing them a contract that worth 1.50 a share.

You can draw all the implications you want.

Again caution--this is rumor not news--I'm not sure if I'm going to increase my holdings
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