Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 11.00

+8.4%

Jan 16 9:30 AM EST

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To: JCSmall who wrote (1064)	12/24/1996 1:48:00 PM
From: Richard Popowych	of 3256

I don't want to add cold water to all the positive comments about the Maxtor deal. However, I have a concern which has not been expressed. We heard positive news on a matter which we have been anticipating for many months. Although the initial Market reaction was positive, the net 2 day result has been disappointing. Some have suggested that the Big Guys have taken an early Christmas vacation and left us with an opportunity to buy AXC cheap. I doubt if we have the upper hand on anyone and I wonder if this is indeed a buying opportunity. After all, the Market has spoken. I do not pretend to be an expert and would appreciate your thoughts relative to my concerns. Merry Christmas!

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