Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.18

-8.3%

3:59 PM EST

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To: Michael Brian who wrote (404)	10/16/1996 9:41:00 PM
From: jonggua	of 3256

Just read after requesting and receiving from ampex their little mailout foldout on the 2Q report. Bramson, his usual cautious self, warns that 3q revenues will likely dip, and that there'll be "millions" in moving expenses this q consolidating their digs into the redwood, ca campus. My interp: disappointing 3q results likely. Only one question, will market take axc down to hi 5's on disappointment, or drive it back up in relief the "bad" quarter is out? wonder how many are anticipating and aware of this bad blip just ahead?

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