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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.540-2.0%Dec 24 12:59 PM EST

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To: Forrest Coile who wrote (1373)1/22/1997 1:23:00 PM
From: Ted Sasscer   of 3256
 
Look again at JBIL, Forrest, it is $48! Know why?

Because I sold two days ago at $43.5, that's why!

BTW, there is no news on JBIL, so I really have no idea.

Sorry to get off the Ampex track, but there really isn't much to talk about here, is there?

I expect AXC to hover around 8-11 level until more KM news develops. I doubt earnings reporting soon will change things much, although it would be nice to have a good earnings report, and more importantly, a positive conference call.

The next KM announcement, I think will, unlike the Maxtor one, move the stock significantly. I would not want to be on the sidelines when that happens.

Best wishes,
Ted
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