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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.44-8.4%Jan 30 9:30 AM EST

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To: Dollar Bill who wrote (2319)3/16/1997 2:42:00 AM
From: Art Ebbands   of 3256
 
$ Bill,
I basically agree with everything that's been said re: TA. It will be interesting to see if solid support remains in the 6 to 6 1/2 area without any news. If it can hold here or inch up for some time, this should be a positive going forward. It's definitely going to take something concrete at this point to propel it. Too many false hopes in the past; lots of patents gathering dust, becoming worthless, etc. leave too much of a negative image on the street. I still believe the best bet is that it will be acquired and the only reason I would be a holder. I personally don't have the faith & confidence in mgmt. that most here do.
I do disagree with your theory that Bramson is adding to his position. If that were the case we would know it, and this in itself would be something positive.
Best of Luck to all,
AE
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