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Technology Stocks : Ampex Corp: Digital Storage
AMPX 13.03+7.8%3:59 PM EST

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To: Hal Campbell who wrote (3057)6/10/1997 12:14:00 AM
From: lance wolfe   of 3256
 
>But as K said, selling near a 52 week low is not the
>greatest sign, and strongly suggests that there is nothing ( 4 >contracts, takeover etc.) on the immediate horizon.

The only thing it suggests to me is that Bramson was really pinched for cash...taxes, other expenses or whatever. Also, I don't think it reflects anything about the immediate horizon. If it was 10% or greater I would have a different opinion. For example, when I first read one of the posts claiming he had sold half of his shares, I was quite worried to say the least. However, 2.5% is really nothing.
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