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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.56-14.8%3:59 PM EST

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To: B. A. Marlow who wrote (5621)2/18/1999 1:30:00 PM
From: Ken Holbert, Jr.  Read Replies (2) of 17679
 
Owning Ampex has been tormenting. The steady slide downward from the highs of 10 5/8 all the way to 11/16. The quick jumps upward and the steady slide downward again. The only sure bet I have seen with Ampex so far, is that it will go back down. This has and most likely will be a good stock to trade in and out of, while maintaining a core position. Ampex's conservative, hush, hush mentality has been what has hurt them in the past. At least no one can blame them for hyping the stock.

Ken H
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