Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 12.24

+15.7%

Feb 6 9:30 AM EST

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To: Peter van der Pas who wrote (662)	9/13/1997 4:49:00 PM
From: Trenton A. Scott	of 17679

My fingers are now crossed too (in at 4 3/8). Sometimes, right when a company's prospects seem most gloomy, good news appears on the horizon and a turn-around takes place; I'm not saying Ampex will soon revisit its historic highs, but a PE of 10 and low trading volumes (along with the "piss" indicator previously mentioned) seem to mark a near-bottom trading price. I'm not greedy: A jump back to 6 3/8 (the last spike) would be nice.... Regards, Trenton.

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