Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 14.69

+11.8%

3:59 PM EST

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To: Hal Campbell who wrote (3155)	8/5/1998 7:24:00 PM
From: PaddyD	Read Replies (1) of 17679

Dear Hal; I must respectfully disagree with you about AXC being a shelter from a bear market. Few large cap stocks went down 11.5% today. If AXC raises earnings, the stock price will go up. Right now earnings are going down and so is the price. If a bear market starts it will probably precede a recession. The question is if people have less money to spend, will they spend more on AXC products.

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