Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 9.145

+4.3%

Dec 18 3:59 PM EST

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To: Dollar Bill who wrote (2243)	3/10/1997 9:16:00 PM
From: papa bear	of 3256

You're welcome... Here's a little more... Contrast this 7.55% ownership (which has been this figure for at least a month now) with last June 30 (1996), when, according to www.stocksmart.com, 35 institutions held 17.58% of the available shares! I agree, it's obvious that institutions have slowly, but surely unloaded this issue, most probably in search of higher flyers in the blue chip arena. IMO, this is actually very POSITIVE for AXC at this point in time... Because the inst. ownership is SO low, any positive news could re-spark big-time interest. And, as one stock market author (I don't remember who) put it: "...a little [institutional ownership] goes a long way!" (I see there's now a "RonN") on the thread... Welcome!!! Hope this helps more... Ron (M)

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