Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 13.03

+7.8%

3:59 PM EST

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To: W. Thompson who wrote (3073)	6/10/1997 7:58:00 PM
From: jas singh MD	of 3256

There isn't much that I or anyone else on this thread can say to ease the frustration felt by yourself and Mary Beth. Actually, all of us, in one way or another, probably have the sensation of being let down by the individual whom we were all looking towards for leadership of this company. Having said this, it has to be repeated that only a small fraction of the total amount of shares that he controls were sold. (There is ofcourse no way of telling that he may not sell additional shares in the near future.) Finally, I feel that there has been a shift in the positive direction in regards to this stock. The overall institutional ownership has risen dramaticaly over the past few weeks. It tends to beg the question..why? I think (at least I hope) that we will be all looking back at this point and "chuckling" over the uproar that this has caused. Long as always and still waaaaaaaaaaaaiting sincerely, Jas

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