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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.710-3.8%Dec 23 3:59 PM EST

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To: Brian L Farris who wrote (1980)2/28/1997 9:45:00 AM
From: NeverSeemToLearn   of 3256
 
BLF,

Go ahead, say it, Theragenics, there, now we are not talking about "some unknown biotech" stock. I sure hope we will see $30 soon, but as pointed out before on this thread, I am afraid the down side is not over yet, barring any news. I think this stock will go below 6 7/8 (Mr. Bramson's purchase price) and may "touch" 6 3/8 and then I think we will bounce back to 9 area.

If disk drive manufacturers are not ready to licence KM except for MR, I think we may have to wait for a few more months. Even though applying keeper layer is relatively simple, the electronics will have to be changed and retuned, I think disk drive manufacturers that are moving towards MR do not want to spend more time and money with TFI head based designs. (WDC is exempted here, as you know). But I do strongly believe that patience will be rewarded.

One final note, predicting this stock's movement is very difficult (look at last year's chart), it moves on news, that is why "waiting" to buy this stock may not be a good idea. Get in at a "good" price, don't wait for the "best" price.

Dayal
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