Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 12.18

-0.3%

Dec 5 9:30 AM EST

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To: Ed Perry who wrote (6513)	3/25/1999 1:40:00 AM
From: Hal Campbell	Read Replies (2) of 17679

<< But you don't really know, do you? And no one does. And to think that one can flit in and out like a "butterfly" or a "bee" is naive, IMO.>> I sure don't know Ed. And I have been here 4 years...not exactly flitting ...lol. And though I do not know, the reasons of my own that I tend to agree with your trading range prediction is that in my experience stocks that correct off a high as sharply as AXC did tend to stay down in a range for a LONG time, and stocks that fail to rise appreciably ine the face of good news - from the AENTV acquisition onward ...there have been several items......also tend to be locked down for awhile. Quite awhile. But, again in my limited experience, the only exceptions to that have been microcaps and companies that were taken out. To be honest...if Ampex is indeed likely to catch a wave...and it is..I have to try and guess - as best I can- how high and how nigh that wave might be.And whether it is worth it to me to sit here ogling its perpetual potential for two or three more years.

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