Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.38

+7.4%

Jan 14 3:59 PM EST

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To: Ed Perry who wrote (1315)	11/26/1997 1:56:00 AM
From: Hal Campbell	Read Replies (3) of 17679

Round up them dojis. Head em up. Move em out. Folks, I own this stock. Consider it cheap. Too cheap to sell. And it is bound to rally someday....to some degree. I am no technician , but it has tested more bottoms than a convention of proctologists in the last year and a half. Still...coldly looking at it...soberly..in my opinion, for whatever it is worth...although it is cheap, I have changed my mind and decided not to buy more here. Simply because I do not see where any AXC growth is going to come from in the intermediate future. Maybe a touch of DST, but even that is uncertain. What is virtually certain is that TV revenues will continue falling. Personally I need some hard evidence of progress combined with a cheap price to add any more quills to this porcupine. That may not come till 99. It may never come.

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