Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 9.475

+2.5%

Jan 9 3:59 PM EST

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To: salim salloum who wrote (1156)	1/4/1997 1:13:00 PM
From: jonggua	of 3256

Market makers can't manipulate this stock, its not a NASDAQ but an AMEX issue, for which we can thank our lucky stars. Doesnt' get jerked around like NASDAQ stocks do, so don't blame movement on market maker manipulation. Just regular supply and demand. Am reminded of some prescient guys post way back when it was languishing at 7's for so long. He said, "I don't care what it does on these couple hundred thousand share days. I'm sitting tight with my stake waiting for the 2 million share trade days." And sure enough, shortly thereafter it took off from 7 to 10 in one day! We're now in one of those very boring, frustrating periods where price does nothing good, news is long ways off --probably-- and we just have to wait. Not that I like it! Every day it stays out of double digits is hard for me to see. Figured with the positive KM announcement it would be at least in the TEENS! Ah, well, just have to wait and sit tight, or pick up some more, those who have the ability.

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