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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.53-7.7%1:57 PM EST

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To: charles moore who wrote (3105)6/13/1997 1:08:00 AM
From: Mary Beth Ford   of 3256
 
What news did I miss? Didn't we already know that Maxtor was moving to MR heads and not using KM on inductive heads because of this? Nobody was interested in this stock in January. Institutional buying was dropping right and left. Now all of a sudden institutional buying is on the rise. They know something, we don't. IMHO Those who have hung in there are panicking on news they've known for a long time and selling and these institutions are coming in and buying it up. It didn't seem to stay in the 5's for long today. I smell something going on. Does anybody know who's buying? What is the institutional ownership after today? EOM ILTL(I'm Learning The Lingo)!
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