Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.90

-2.4%

Jan 26 3:59 PM EST

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To: Milt Best who wrote (793)	12/4/1996 6:42:00 PM
From: WAI	of 3256

Milt, I'm not sure that a new Magic 25 entry will be an automatic boost. I know that if it's not in there I'm going to be bothered. As you said, II has been high on Ampex for quite a while, so I'm not sure that a continuation on this list will bring in many new 'converts'. They could, however, speak so glowingly of AXC that there is a burst of enthusiasm. Even this I'm not so sure of - it looks like the current spate of speculation is winding down. I think until there is definitive news of a KM contract (with # of $'s involved), AXC will trade sideways. Also recall that all of the news lately (10Q, analysts comments) have indicated an expected contract by year's end. If this doesn't happen, I think you can expect a steady drop. The basic risk/reward system. As always, just my opinion. William

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