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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.17-6.6%Jan 23 3:59 PM EST

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To: Hal Campbell who wrote (1161)11/6/1997 4:50:00 PM
From: c. w. oakes  Read Replies (1) of 17679
 
To all: Have been following this thread for a long time. The first time I bought AXC it was around 3 and change and sold at 12 3/4. Today I got back in at 3 1/8, folks this is a STEAL! With or without KM this company is very solid, they have been around forever. You just don't get company's this solid, with cash on hand, and decent EPS for 3 bucks. In my opinion this is a buy. The bottom line is the downside is minimal, and the upside is huge, which should be the path of least resistance. It might go a wee bit lower w/tax loss selling, but I have never been one to guess the low w/any accuracy. LOL

Sincerely:
C. W. Oakes
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