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: jonggua who wrote (2293)	3/13/1997 1:22:00 PM
From: Stephen W. Leahy	of 3256

James, The recent trading of stocks being pushed by Penn. Merchant Group has not been very good. AXC has probably traded no worse than a few of their other stocks. Here are some charts to look at: PERLF, ADSP, IREG. This is not meant to be all-inclusive or to put down PMG, just to add a little color to the trading of AXC. PMG has probably had some good calls recently, but these are stocks I've heard they liked. Their take on AXC probably doesn't hold much weight with recent holders of the above mentioned stocks. If you don't have real-time charts, you might not notice that ADSP was down as much as 1.75 from yesterday's close of 10. Steve

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