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

To: Ken Holbert, Jr. who wrote (1266)	11/20/1997 12:28:00 AM
From: John A. Snell	Respond to of 17679

OK, Ken. . .We already own WDC (most AXC holders) Had to come back in at these prices. . . I miss LJD (Lisa), and James, and MaryBeth. . . Perhaps they see this as an opportunity? Sorry to those (Ken, Hal, etc. . .) who have held through thick and thin. . . but I seld (solded?) past tense for sold? - - - when we hit SIX. . . and I am not disappointed. But I'm in again for a company that had roots here in Rochester New York (Wollensok Corporation, [spelling?]). . . and I, as a teen (30 years ago), was enamoured with their product, ie, magnetic recording. . it went hand in hand with MacIntosh tubed audio equipment. . . as well as Revox equipment. . . John A. Snell

To: Ken Holbert, Jr. who wrote (1266)	11/20/1997 5:43:00 PM
From: Wayne Umfleet	Read Replies (1) \| Respond to of 17679

Ken, >>.... I see Ampex going even lower in the near future.<< One thing is for certain, you can't go against the trend, and AXC is on an ugly trend downward. I think all of us hope that AXC will establish a base here, but who knows what will happen? Every time I think it has leveled off, it moves down further; I suppose due to tax-loss selling in combination with a lack of any new exciting developments out of the company. The market is short term inefficient, and frankly, at this point, I believe we have a tremendous opportunity before us, which I am taking advantage of (I am at 65% of my goal to achieve a full position in AXC by year-end). The lower the price goes, the more shares I will get for the money. Best of luck, Wayne