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

To: paul lin who wrote (1117)	11/1/1997 9:37:00 AM
From: Sal Davis	Respond to of 17679

I whole heartedly agree with you. Part of the problem with Bramson has been that he is only a part-time CEO since he has other entities he must also take care of. This has definitely lead to lack of direction and focus at times, and maybe is also the cause of Ampex's misjudgement of the DD Industry's transition to MR. We can all try to read between the lines of Bramson's letter and will undoubtly all come up with different interpretations. I read it as more of the same crap and as such believe that AXC will linger in the $3 to $4 range, until something breaks out, beit KM, DST or a buyout. Until then I am forced to hold on to my AXC so I can at least recoup some of my losses, I hope. SAl