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: papa bear who wrote (2352)	3/19/1997 12:15:00 AM
From: majander	of 3256

Worst case scenario is stock drifts to support at 3.75 to 5.00 level which takes us back to January/february 96. However, some good news or the perception of good things to come as immenent, we should see support at or near the 5.75 level. I would begin to take a 50% position at $6 and take the other 50% as more news develops. I believe the observation that no news will and/is being construed as bad news. As we all know the longer the wait with no news from HQ this baby is gonna just drift. People are just taking a cautious approach on this one, EXCEPT THE TRUE BELIEVERS, and speculators of course, these are not one and the same. As I know there a lot of meticulious thoughts/analysis given by many, many people on this board. All I know is that the bottom is here(if not real close) and this presents a GREAT OPPORTUNITY for somebody. This may not be for a few more weeks(as I previous mentiond the drift with lack of news) or so as news leaks out about the progess of KM and the LAWSUIT unfolds. And of course, news of continued succesful/positive earnings, and more top line growth, will provide the much needed SPARK this one is lacking right now. In other words this one needs an attitude adjustment! john anderson

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