Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 12.44

-8.4%

Jan 30 9:30 AM EST

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To: Hal Campbell who wrote (8046)	5/1/1999 7:00:00 AM
From: Stephen Dufresne	Read Replies (1) of 17679

That's why we're investors, not traders. I for one do not have the time or the inclination to watch my screen all day waiting for that elusive high or projected low. Frane's Law says that whenever I sell, the stock will rocket and I'll be chasing it, so I just do my research, pick my horses and hop on for the ride. To be honest with you, I don't have the balls to risk it all. 75% of my money is in mutual funds and bonds. I must be doing something right though. My funds are up an average of 8% YTD, but between AXC and 3 others I chose, I'm up 50% YTD. I can sleep well with those numbers. Unless something catastrophic happens to cause AXC to tank (and all indications say no) this is just another bump in the road. Have a nice weekend. Steve

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