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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.16-17.3%2:12 PM EST

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To: RonN who wrote (2238)3/10/1997 8:07:00 PM
From: jonggua   of 3256
 
Many many questions are being asked repeatedly by people who either havent' read any of the 10Qs or haven't read any previous posts, because the same questions keep getting asked over and over again.

The most ridiculous continuously asked ? is re: Maxtor's coming KM drives. If you'd do your homework at all, anyone could see that disk drive programs take anywhere from 6 months to a year to get from the drawing board to rolling off the shelves in stores. To indulge the lazy, I repeat, for about the 30th time, that marketing of the disk drives will begin 3Q, and sales 4Q. They'll also be shown at Comdex in November of this year.

Some who are newer to this thread would do well to read past posts, they're very educational, whether they educate you about human behavior or about AXC's wonderful prospects depends on what era of posts your'e reviewing, but please do your homework and don't ask us to fill in your test questions when they've been answered many x already.

BTW, why do people get more bearish as the price of an excellent issue goes down, instead of more bullish? Just the reverse always happens. "Duh, the price is getting more expensive all the time, what a good stock to buy. Wow, the price is going down, I bet it'll go all the way to zero, then I can buy it all for just commission and become CEO by virtue of owning all the shares!"

I guess that's why it still pays off big to be a contrarian, provided one is patient enough!
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