Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 12.44

-8.4%

Jan 30 9:30 AM EST

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To: Joe Valente who wrote (3593)	10/8/1998 8:50:00 PM
From: hookjock	Read Replies (1) of 17679

I realize the turbulance in the markets right now is contributing to the downtick but why the surge in volume today? Is it possible that earnings will be out soon and there are rumors that they are having trouble integrating MicroNet into their system? Looking at the MicroNet finantials perhaps Ampex has to pump more cash into the system and the introduction of new products and improvements of older ones will take longer than they originally thought.Thus MicroNet may have been a severe drain on the company's resourses.

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