Ampex Corp: Digital Storage Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ampex Corp: Digital Storage

AMPX 11.26

-13.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: W. Thompson who wrote (2990)	6/4/1997 3:10:00 PM
From: Dollar Bill	of 3256

Greetings all! Back from vacation, and a nice surprise to find AXC in a positive trend! As for the large volume yeterday...Can someone check for institutional ownership gain. My guess is that more instutional buying is occuring. This can only be good news, as the last slide in price corrolated with the sell -off from institutional ownership. In additon, I too saw the chariman of WDC on CNBC. I think one key element to remember from that interview is that historically computer part sales fall of dramatically through the summer months. And instituions are probably taking some profits from the market run up this past month. Thus, if history repeats itself, tech stocks will lag this summer, with a rise in the fall. I think one analyst said " ..sell in the spring, buy in the summer..!" Now, I remember somethng about possible KM being on the market by fall of '97??? How coincidental! Manufactures will be placing orders for parts at the end of this summer, so look out for a nice run up in the tech sector...AXC included...particuarily if KM is introduced to the market place. The summer/fall orders are for the Christmas shopping season so this may be the time to really consider AXC. ANY PULLBACK FROM THESE LEVELS SHOULD BE SEEN AS A BUYING SIGNAL! And, if institional ownership does not fall, and perhaps rises, we may be in for a great 3 / 4 qtr! Lets see...didnt AXC (Bramson) say something about KM revenues possible showing up int he 3 qtr??? ummmm... Oh well thats my humble opinon..great to be back...btw still waitng for that IBM announcement! $Bill

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next