Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.91

-4.6%

Dec 12 9:30 AM EST

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To: Michael Olds who wrote (6894)	4/8/1999 12:15:00 PM
From: killybegs	Read Replies (2) of 17679

Speaking of profit taking...why is it becoming such a grim exercise..I sold ITVU at 41 from a high teens cost.....AHWY at 17 from a single digit cost.. and IATV at 6 after buying it at 2 near yearend (this is obviously my "take a shot" portfolio) Obviously it is painful to see where they are trading today, but I do think it does portend what may happen with Ampex when they "undress" their strategy in full..... The timing could not be better scripted to announce the birth of a leading edge "internet TV Worldwide Network" This probably does qualify as a "hype" type message so "caveat emptor"

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