Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.31

-4.7%

Nov 20 3:59 PM EST

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To: Andrew who wrote (7025)	4/12/1999 7:09:00 PM
From: Carl R.	Read Replies (1) of 17679

A retracement from here back into the upper 4's would not be surprising. I don't think we'll fall too far if at all, though. I would guess from the reaction to the press release that the new man has a great reputation, and that a lot of people sat up and took notice of Ampex today. Furthermore I would be surprised if no analysts were in the group that noticed them. Whether it is from the stock action, the press releases, or from exploratory contacts with underwriters I would be surprised if we don't have analyst coverage within the next 30 days, which should drive the stock up some more. Now the mystery to me is, will they change the name of the holding company to Internet TV Network? Carl

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