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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.82+0.8%Nov 26 3:59 PM EST

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To: Ed Perry who wrote (4817)1/28/1999 1:02:00 PM
From: Carol M. Morse  Read Replies (1) of 17679
 
Thanks for reminding me why I bought this stock (because of it's excellent technology). I do believe in the fundamentals, and now the new vision of this company, but I'm still afraid that the stock price could get hammered (as any tech stock could) by the MM's, the speculators, and "miss-statements" by analysts (see Wind River Systems). Just throwing out some cautionary signals because the ride is going to get bumpy and could punish us one minute and reward us the next.

Also, what happens if they do some kind of IPO? Are we given a piece of the IPO stock because we own AXC, or do we have to line up after the institutional investors and try to buy after the IPO stock starts trading? I have not had much success with the latter.

Thanks again for all the excellent information.
I've gotten behind my reading here...had over 125 messages to read in two days!

Still adjusting to making money on AXC...
Lurksalot...CMM
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