Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 11.10

-3.9%

Feb 11 3:59 PM EST

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To: Don MacNeil who wrote (200)	7/23/1996 3:12:00 PM
From: Michael Brian	of 3256

Again, I don't believe this rumor. Nor have I heard it from any other source. AXC has a plan. That they are not sharing it with anyone is a completely different story and that has lead rise to the many false rumors. At 1995 annual meeting, AXC (at that time still AMPX on the pink sheets) more or less layed out a plan for the beterment of the company and its goal to get re-listed by the end of 1995 or first quarter 1996. They obviously followed through. The info I got from someone who attended this years annual meeting is that they feel AXC has a plan that they are again following through on. That's why I'm still holding on. I see a minimal downside to this one but an awfully big upside in the long term. Be patient.

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