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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.31+4.5%12:59 PM EST

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To: Ed Perry who wrote (10990)9/14/1999 2:14:00 AM
From: Hal Campbell  Read Replies (2) of 17679
 
<< , it is clear to me that, for many, this build will not be in a time frame sufficient for their investment return. >>

I would tend to agree, Ed. This remains, once again,a very interesting and perhaps richly rewarding long ( if they survive they probably prosper). I know it gets extremely tiresome for AXC long timers to hear stuff like that - but this is in fact a start up now ..the story really is a very different one....brand spanking new ( mainly spanking us right now).

Unfortunately..and just speaking personally-nobody's fault but my own for painting myself in an investing corner ... I do not have the 2 or three years it may take for Ampex to really take off. Have no interest in selling now - would buy a bit more if the decline from here is steep enough....but will have to get extremely lucky for the many years of holding Ampex to prove at all worthwhile for me before I have to sell. May turn out to be a doozie of a blunder, but it surely will not be my last.
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