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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.09-0.7%2:00 PM EST

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To: lance wolfe who wrote (2641)4/22/1997 10:16:00 PM
From: Ken Holbert, Jr.   of 3256
 
What I have seen with Ampex during the last year from a trading standpoint is that it has generally gone down with the market but, has not shared in the upswings. Ampex has a mind of its own in terms of going up. For instance when the news was released on the Jury award. Ampex quickly went to 7 3/8. Ampex also held its ground pretty well last week in the 6s. However as sure as we succomb to gravity, Ampex is again trading in the 5 range.

Even though the stockholders such as we, can forsee more things on the horizon. Even if we only use the jury award as a vehicle, anyone should be able to see possible future awards from the other two cases that were split from this one, as well as other companies paying royalties knowing that Ampex has successfully defended its patents
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