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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: Michael Olds who wrote (6530)	3/25/1999 12:16:00 PM
From: killybegs	Read Replies (1) of 17679

Overheard>>> "Damn, I should have dumped Ampex and bought Amazon.com. It's up $7 today." "Try and see the big picture. The fact is Ampex is up 170.5% year to date; Amazon is up 26%;Yahoo is up 43.5% and Broadcast.com 122%." "But I bought it higher. I did buy some below $1 at year end. But I need a big move to make it worth it." "Doesn't matter. Mr. Market doesn't give a damn when you bought it. He has know memory of your cost basis. He is completely indifferent to where you own it." "But the other stocks were up last year. Big." "Meaningless. All meaningless. That time is gone. A moment here, then gone forever. Under the sun, it only matters what you will do this year. And so far you are up 170.5% with tangible, substantial growth still ahead of us."

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