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Technology Stocks : Ampex Corp: Digital Storage
AMPX 10.67+2.4%3:59 PM EST

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To: D.J.Toal who wrote (1839)2/18/1997 11:11:00 PM
From: HPilot   of 3256
 
Expect the small caps to do better as soon as the media, especially CNBC, stops talking about how bad small caps are doing! I thought I posted earlier that all profitable stocks in the same market cap are doing badly as a group. It's not just Ampex! And many of the people warning us about the dropping price plan to get back in, but I'm not sure I could get back in for less than my present average price. When it happens it could happen in a big way!

Look at APM last July and forget the rest of the chart! Looks a bit like AXC now except about $3 higher! As soon as it dipped below 10 strike price it popped up an has been on an healthy up trend since! This could be AXC in a year or so!
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