Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 8.275

-3.0%

Dec 26 3:59 PM EST

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To: jonggua who wrote (2516)	4/9/1997 9:18:00 PM
From: papa bear	of 3256

James, didn't realize you were around tonight. Anyway, FYI and FWIW, institutional ownership in AXC is up to 8.52% from 7.55%. Although these obviously arent't huge #'s, this change does represent an almost 13% increase over last month. Although accumulation has been slow by the institutions, this increase is heartening. Earnings projections for 12/97 have been upped 0.02 over estimates last month to 0.52 (mean), with a low estimate of 0.47 and a high of 0.58. Only one analyst is predicting for 12/98 and their estimate is still $1.00 for 12/98 - same as last month. Next earnings due out 4/30 (I think we all knew that one). Best regards, Ron

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