Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 12.97

+7.3%

11:51 AM EST

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To: VikingWarrior who wrote (3083)	6/11/1997 9:34:00 AM
From: Sharon A. Gray	of 3256

Dave, Was the lowering of target price to $l0 due to KM revenue due in mid l998 or was there some other reason for their enthusiam waning. The author of Red Chip Review was written up in Worth Magazine a few months ago and I wonder if his lowering the target range will seriously affect the stock adversely. Sure hope not. This stock continues to frustrate me as just when you think it is going to take off or at least slowly drift upward something happens to knock it back down. Still long and holding and hoping. Maybe earnings report in June will be good and give our stock and upward momentum. Sharon

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