Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.12

-1.8%

Nov 21 9:30 AM EST

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To: Rick Kunz who wrote (1793)	2/15/1997 4:19:00 AM
From: jonggua	of 3256

With Bramson's 20% stake, not all of his personally of course, but all under his voting power, and with his knowledge of just how high in the future the price could go with huge KM profits possible, I just have to trust to his good judgement that he'd never sell the company at the prices disk drive makers would ever want to pay. Can't believe the board would ever sell out at $10-20-30 when they can read and see the #'s too. Course, they could always do the wrong thing and sell out all our future profits, but I can't see them being so foolish. Peter lynch in One Up on Wall Street laments how L'eggs was bought out by Sara Lee, thus making him a six bagger, but robbing of the 44 extra bags he's convinced they'd made him. Several other times in his book he laments the takeovers that rob investors of many 'bags' in a stock by buyin em out with a cheap one or two x lofty price. Lets hope for one, but have it shot down!

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