Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 11.92

+2.9%

10:42 AM EST

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To: Mary Beth Ford who wrote (1326)	1/20/1997 1:56:00 AM
From: Paul Corbett	of 3256

Mary Beth just a word of caution. It is silly to try and "make up" when you are behind. If you own the stock and are confident to own it why not just buy the stock and forget the calls. You are just feeding the stockbrokers. What is AXC does not go up by a particular date - you lose. If you buy the stock you win eventually. As for IOM if you have stock in it take the profit and run. Why buy add on memory when on board memory or on line memory is cheaper and cheaper. Just my opinion. It's your money - why throw it away? I bought AXC at 10 1/8. I will just hold these. Evetually I will make a profit. I see no reason to feed the stockbrokers by buying calls.

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