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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: Todd Pagel who wrote (1255)1/15/1997 2:47:00 AM
From: jonggua   of 3256
 
Wonder when Redchip analyst Trbovich was in New York touting Ampex to Institutional Investors, among other stocks? I'm sure Iomega, which they uncovered early and rode up quite a ways, is influencing them heavily. Matching Iomega's name with Ampex should raise some eyebrows (and some prices). this is such a funny price action stock. Move up $1 or 2 on multi million share days, so obviously the market knows quite a bit about it, but then languishes for months at a time on much smaller volume. Guess the HERD is much stupider than I thought, if this is how they consistently treat and misprice stocks for loooong periods of time. Waiting... waiting....
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