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Technology Stocks : Ampex Corp: Digital Storage
AMPX 13.15+5.7%Feb 2 3:59 PM EST

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To: Hal Campbell who wrote (578)11/17/1996 12:51:00 PM
From: Andrew Q. Viet   of 3256
 
Investors should pay special attention to the recent purchase of AXC shares made by Ed Bramson. Early in 1995, he bought about a million shares ($1.75/share) of Ampex at the time when the survival of the company was still in doubt. Now its financial conditions are much better and they have been making profits from operation for 6 straight quarters. Investors should also notice that Ed Bramson is not only a CEO, but also a big investor. His acquisition of AXC shares was not just an INSIDER BUYING, BUT IT WAS A SAVVY, CALCULATED INVESTMENT MADE BY A KNOWLEDGEBLE INSIDER OF THE COMPANY.
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