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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.17-6.6%Jan 23 3:59 PM EST

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To: K.Martin who wrote (2368)3/19/1997 5:42:00 PM
From: Jay Sullivan   of 3256
 
The stock market thrives on rumor and speculation. There is no sense that can be made of this stock. Ampex needs to get some news going to fan the fire. A deafening silence does not bode well for anxious investors waiting for some sign that they have bought into a company that has great potential for regaining market share. One of the reasons I bought in was rumor of a takeover. Could this be in the cards for a company that seems to be waiting for the last drop of revenue to be squeezed from it?
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