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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.39-3.4%10:11 AM EST

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To: bchunter38 who wrote (5580)2/17/1999 8:15:00 AM
From: Ed Newman  Read Replies (1) of 17679
 
I emailed the company yesterday to ask when earnings would be announced. No reply yet.

I was surprised to see the opportunity to buy in the upper 2's again yesterday. Bought some more. Maybe it is my imagination, but it seems like a steal at this price... Unless the company is going out of business, it can only go up from here, it seems. I mean, they aren't going bankrupt with millions of dollars in the bank and a revenue stream and no debt... right?

Will hold for two quarters and see what happens.
ed
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