Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 7.887

+0.7%

Dec 31 3:59 PM EST

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To: NORMAN DUNNWYN who wrote (1530)	1/30/1997 11:16:00 AM
From: Hal Campbell	of 3256

Gee, 2 whole weeks Norman? Must of us are looking out at least a couple years. You are using your feelings to declare a hypothetical fact ( Maxtor cancels etc.). So allow me to imagine another hypothetical. If I owned a very large block ...several hundred thousand shares ...of AXC. And if I wanted to buy a great deal more at a lower price. And I saw in the low volume an opportunity... I would start strategically unloading a percentage of my stock ... just enough to begin driving the price down. I'd keeper it up as long as it works - with the reduced volume being my friend - and at a certain point I'd buy back it all + whatever more I had intended to invest. I'm not saying that is happening here, but it seems a much more likely scenario than a Maxtor cancellation.AXC, vis a vis its fundamentals and versus its risks, is gradually becoming a remarkable bargain here - better I think, than when it was below 3 and uncertainties abounded. Please hang in. This stock ought to be worth the discomfort.

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