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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: pezz who wrote (9172)	6/14/1999 5:17:00 PM
From: Hal Campbell	Read Replies (3) \| Respond to of 17679

<< Sucks! Don't it? pez >> LOL...sure does Pez. EASILY the toughest stock to be long in I have ever owned shares in. Don't know how long you have been experiencing the inimitable AXC porcupine ride, but its something, isn't it? The reason it seems to be going down? Only one I can think of offhand is that it went up. When AXC declined for over 2 years before I pretty much could see all the reasons why but hoped for a KM or Mitsubishi suit or regained DST growth bailout. This time it simply seems to be a readjusted market valuation - due to diverse factors- with today bringing the first touch of panic. Hanging in here because I am convinced the asset base they are building is valuable ...and that value will play out. Alot still to happen this year. But- short term- I do agree with those that state they are setting themselves up for market disappointment with that 28th webcast. Maybe the otherwise harmless insider sale + the net correction .. led to fair assumptions of no moonrocket rides coming soon and accelerated that process. But my real theory is Jubimer and Flickerful and Gus and BAM Al etc. are not posting enough <g>