Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 13.03

+7.8%

Nov 5 3:59 PM EST

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To: Hal Campbell who wrote (3057)	6/9/1997 9:22:00 PM
From: Ken Holbert, Jr.	of 3256

Hello, We have not seen a sustained increase in share price such as the recent run up in quite a while. I tend to believe that there is good news on the horizon. Investor ownership would not be going up again if there was not anything positive in the works. MR/KM improvments, Mitsubishi, HDTV, etc, are all possible candidates to ignite the Ampex rocket. As far as Bramson, my theory is that he had to sell to either pay taxes or to satisfy debt. Otherwise, why would he sell only 2-3%. He will make that back in stock appreciation on any positive announcement. This does answer my question of a month ago though, it seemed that every positive move in this stock was answered by someone selling. We all wondered about this on this board. I guess now we know. Maybe now, we will not have too much selling and this stock can appreciate on its own.

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