Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.01

+5.6%

Jan 12 3:59 PM EST

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To: HPilot who wrote (1151)	1/3/1997 5:57:00 PM
From: jonggua	of 3256

What's there to write about? The momentous KM announcement did nothing at all for the stock except make it go DOWN, now there's irony for you. We better all watch out when they sign more announcements, because based on this price action, with each successive announcement the price will slide a further $2! Why, with 5 more announcements, this stock will be worthless! This is just appears to be one of those lengthy periods of no news and no significant movement in the stock price, just drifting aimlessly up and down on less than million share trade days. If you take a look at 96 chart, this wandered between 6 and 8 for months even tho KM was becoming more and more of a reality. It seems to be happening all over again, tho at a higher plateau. Maybe now the range is 8-10. Well, we'll wait while they keep negotiating at the KM table with many other manufacturers. Hard to see a good company so undervalued so long tho!

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