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

To: RayV who wrote (1125)	11/1/1997 7:24:00 PM
From: Bruce Bacon	Respond to of 17679

Ray, I decided not to cover the call, instead, I sold a portion of one of my other holdings (IDTI) to bring up the account equity. At this point, I like my IDTI better then my AXC, but I figured it was an easy solution and I still own a bunch of IDTI. IDTI bounces around so I can probably buy it back lower anyway, but if I sell my AXC, I doubt I will buy it back - with a PE of what? something like 13, I guess it has already factored out KM and hit bottom. If DST sales pick up next quarter maybee it will rebound some. Anyway, I have been in long enough I kind of hate to leave before finding out how the show ends... if you know what I mean.