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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.93+5.8%Jan 22 3:59 PM EST
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To: Ryan Rumanang who wrote (935)12/16/1996 4:01:00 PM
From: DAVID C   of 3256
 
It may or may not get to 15 soley on the first contract. It will have to be a HUGE contract to make such a jump as Ampex is still relatively an unknown. Institutions will have jump in as well in order for such a big point jump. Have seen many companies(small and large) with new contracts which only moved the stock 2 points or less and some stocks have even gone down as their new contract did not meet the hyped up expectations. I HOPE AMPEX MOVES TO 15! That would be great!! Anything at this point is just speculation. AXC dropped into 9's today.
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