Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.90

-2.4%

3:59 PM EST

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To: lawrence hunter cirillo who wrote (1850)	2/19/1997 12:15:00 PM
From: Daniel Schulman	of 3256

Why there are only informed comments from strong bears? IMHO the only deragotory comments on this board come from people spouting without reason is because rational people who try to input a note of caution get jumped all over. I, for example, tried to inject some balanced discussion immediately following the Maxtor announcement and was personnally attacked. So, what you end-up with is post after post saying "GO AXC" all the way to many hundreds even as the stock goes down. Well being a glutton for punishment, I'll try to inject one more note of caution. Some people have recently indicated that they may begin to bottom-fish. Again, IMHO, I don't think this is a great strategy for individual investors. If one wants to add to their position, I think they should wait until the stock begins to move back up. It is often easier to find a very good price, then the best price. Let those with more resources play the bottom game. I'm still holding long.

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