Ampex Corp: Digital Storage Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ampex Corp: Digital Storage

AMPX 11.17

-6.6%

Jan 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: K.Martin who wrote (2368)	3/20/1997 12:15:00 AM
From: HPilot	of 3256

AXC's price is going down because people think they need another contract! But really they do not need one right now. They will do just fine without one for now. Keep in mind that the only reason Maxtor signed a contract when they did was to lock in the prefered first time customer price! Otherwise they would have waited till they were about to start production! Why tip off your competitor's about what you are doing! Another issue that keeps getting raised is Bramson and other insiders could be selling. If they are they are selling shares illegally which must have been bought illegally as well. To sell shares legally an insider must file a form 144 prior to selling. That form is called "Intent to sell"! No one has filed such a form to date! Be patient and this stock will go up. You might be able to sell now and buy back cheaper or short and make some money but maybe not! I sold many of my shares when the 10K came out and will probably buy back soon! TA not looking so good. AXC canot seem to go up more than 2 days is true. Good things may happen on next earnings report. Also news of a recommendation could send this stock back up anyday now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next