Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.91

-4.6%

Dec 12 9:30 AM EST

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To: Madharry who wrote (1786)	2/14/1997 5:22:00 PM
From: Wayne Umfleet	of 3256

There doesn't seem to be any logic to how the market treats this stock. I should probably read that book on investor psychology that was referenced earlier. Evidently, the "weak hands" threw in the towel before the 3-day weekend. My expectations for AXC are for generous gains in both the long-term and short-term. For the short-term, I would love to see this puppy turn around. On the other hand, if it does not, I will soon be freeing up some capital from a spec house I am building, and will back up a truck at my broker's office and load up on AXC! Expect a huge spike in the price that day, because I will not be holding back!! (Sorry if I left a blank message on my previous post.) --Wayne--

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