Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 9.055

-3.2%

Dec 22 3:59 PM EST

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To: David Peterson who wrote (2068)	3/4/1997 5:44:00 PM
From: Mary Beth Ford	of 3256

That's the kicker David...Bramson bought this stock on his own and borrowed $1.9M to do it. It's not related to his Ampex income. For those of you who are waiting for the market to crash as long as the baby boomers keep pumping money into this market for the next 13 years until they are turning 65, the market will only crash in targeted area that are extremely overvalued like large caps are right now and then the money will go somewhere else. Look how suddenly and fast semiconductors recovered. For 18 months they just sank to hell and in 3 months many have surpassed their highs. Well the most undervalued market right now is small caps so there isn't a better place to be with your money right now. Unless people are gonna start keeping their cash under the mattress and you're not heavily invested in large caps, you need only wait for the shift. When it comes it will come fast and if you're not in yet...you could miss it.

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