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Technology Stocks : Ampex Corp: Digital Storage
AMPX 13.57-3.8%3:59 PM EST

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To: lostmymoney who wrote (3170)6/23/1997 1:15:00 PM
From: Don MacNeil   of 3256
 
Mike, we've all processed the same issues you're wrestling with and here's my take...admittedly the perspective of a guy who bought in in January of '96 at $3.90.

Had I not added shares last December I'd be looking at a one year 50% paper return. Because I did, I'm looking at a 33% paper return at the moment. Third best in my whole portfolio.

Red Chip says no KM soon, but still (without KM) 10 bucks in...is it 12 months? That puts me at 120% gain in a bit over two years. A damn good investment in anybody's book.

Forget the Bramson sell. Guy's got a right. Litigation? Had to do it. Got to be respected in the school yard.

Don't let THE MOMENT eat you up. Think looong.
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