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

To: Hal Campbell who wrote (1129)	11/2/1997 1:10:00 PM
From: Stephen M. DeMoss	Respond to of 17679

Thanks for responding. It is possible that Axc will re-test the 25/8 it hit on that really down day. Again it may not. Either way, if you believe in the company and have not bought yet, its wise to start accumulating here AND on the dips from here. Its quite relative at this level. I bought at 27/8, 31/4 and 39/16. If it hangs down here and dips to the mid two's, I am reserving money for that. With a horizon of 1-3 years, collecting stock in this company at this level will pay off nicely eventually. Why quibble too much? Ps. I feel in debt to Gus, Swamp fox and a couple others for their investment and research. Thank you guys. Steve D.