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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.91-4.6%Dec 12 9:30 AM EST

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To: B. A. Marlow who wrote (4983)1/30/1999 11:07:00 AM
From: mrvn t. martian  Read Replies (2) of 17679
 
B A, my friend is with the specialist firm that makes a market in axc, so i generally have a good idea whats going on. what he told me was that he was out at a conference in las vegas (tech or internet, not sure) and said many people were talking about what axc just bought (tv onthe web) as being cutting edge and the future of the internet. he also believes axc may have underestimated its value and potential when making the aquisition. as for myself, i own 25,000 share of the stock, at MUCH HIGHER PRICES than here, and have held it for a few years now. ive been through pain with this stock, but i think over the course of this year, with the internet thing panning out, we will see much higher double digit prices in ampex stock.
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