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Technology Stocks : Ampex Corp: Digital Storage
AMPX 13.59+6.8%Nov 10 3:59 PM EST

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To: Scott H. Davis who wrote (2924)5/28/1997 12:57:00 PM
From: Wayne Umfleet   of 3256
 
<<Up 3/8 on big early volume, anybody know what's up? (eom) Scott>>

Its just someone trying to knock-down Stan and Stephen's trading strategy :-)

To be honest, these past few months I have used a chunk of my investment in AXC to trade the swings, with moderate success. However, anyone who employs this strategy has to do so knowing that on any given day, AXC could jump dramatically!

The outlook for Ampex still looks dam_ good, despite the lackluster quarterly results. The KM picture may have changed somewhat, but as others have pointed out, it looks like for the better.

Best of Luck,
--Wayne--
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