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Technology Stocks : Ampex Corp: Digital Storage
AMPX 7.920-4.3%Dec 29 3:59 PM EST

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To: Merlin who wrote (2201)3/9/1997 1:31:00 PM
From: David McDonough   of 3256
 
Merlin,
I don't understand! Are you selling puts? If so, then don't you want the price to go up? Or are you considering writing calls? This I would strongly recommend NOT doing. Why? IMO the potential from now to OCT is just too great that Ampex will have a stock price run-up. Just my opinion you understand! Oh BTW I am a buyer of those OCT 7 1/2 calls if you really feel the need to sell them.
Regards
David
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