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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.270-3.0%Dec 26 9:30 AM EST

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To: Hal Campbell who wrote (2578)4/12/1997 5:02:00 PM
From: c. w. oakes   of 3256
 
To all concerned;

This is how I see it. Any settlement in the 8 mil range
is squat. Fees will eat this up. Settlements will not drive this stock price up permantently. Good solid business practices make a stock a winner. Ampex makes a good solid widget, at a competitive price. All
this guessing is inane. SEA is probably the best GUESS if you insist on guessing. Buy this stock for the long haul as it is very attractive
at this price , then sit back and wait. Ampex has a long history behind it, and in my opinion, their only major mistake was being ahead of their time in relation to technology. This is an accumulate.
Sincerely;
C. W. Oakes
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