Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 12.44

-8.4%

Jan 30 3:59 PM EST

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To: Wayne Umfleet who wrote (564)	11/12/1996 5:07:00 PM
From: jonggua	of 3256

As they say, "YOu can't keep a good man (stock) down." I too have been puzzled by the 6 1/4 to 8 1/4 iron bound trading range of the past 4 months!! Tho it's let me get back in now in a big way- I can't buy anymore because I'm maxed out- it just goes to show you how much SENTIMENT and MOMENTUM move stocks. From the earliest posts on this string, people say they were called up by their broker cold calling to buy AXC. My wonder is why no one is pushing it now. The old adage will be true, what everyone is ho-humming about at 7's , everyone will be mad about and a feeding frenzy will ensue as it goes higher. Ah well, that's the (higher) price momentum players will have to pay. Patiently waiting, expecting 20's and 30's. Go Ampex!

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