Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 14.69

+11.8%

3:59 PM EST

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To: Andrew G. who wrote (1718)	2/11/1997 9:52:00 PM
From: jonggua	of 3256

Taking a closer read myself, this WD announcement DOES NOT improve hard drives, only the other output devices- floppies and CD-ROMS so far. read a great Barrons article on Al Frank of the "Prudent Speculator", one that recommends stocks out of favor and juices em up with margin, aiming for 15-16% stock return and another 8% by margin's return for a aimed for gain of 25%. Good story about buying dogs with promise and holding for multi year periods, and doing it with margin. AXC sure is in that category now!

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