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


To: James F. Worfolk who wrote (1135)11/3/1997 4:26:00 PM
From: Sal Davis  Read Replies (2) | Respond to of 17679
 
Realistically, the only thing that is really going to move this thing along is KM. KM or shall I say, the "promise" of KM is what got us rolling in late '95 and early '96, and nothing much aside from this going to matter.

Our only other hope is that of a buyout of Ampex, may be by IBM as has been rumored here, can apreciably move this during the remainder of this year. Keep in mind that it was the rumor of an IBM buyout that got us to the high of $15 in May of 1996. It will probably take both KM + an IBM buyout for us to see those numbers anytime soon IMHO.

Sal