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

To: NicholasA who wrote (1345)	12/2/1997 2:40:00 PM
From: Albert Youssef	Respond to of 17679

Nicholas, To be fair to Ampex and its prospects, I'll post this link to Jubimer's initial response to Bramson's letter: Message 2646104 Having done that, I'll say that I agree with everything you mentioned in your post. For me, the only saving grace is that I've previously learned some hard lessons about speculative investments, and I only invested in Ampex what I could easily afford to lose. I'm still not sure that I'll continue to hold my remaining shares; any remaining optimism about Ampex's prospects is largely offset by the frustration I feel whenever I look at my portfolio and seeing my current loss on AXC. One thing about the whole thing that bothers me: Back when I made my initial investment, I told myself that with the Ampex story, Time was the enemy. Well, I was dead right, but somewhere along the way I forgot this thought or rationalized it away. If time isn't quite yet up for KM, it's close. If I hold at this point, it'll just be for some of the prospects that Jubimer mentioned in his post. But at this point, whatever I decide, I'm not expecting a sharp uptick (or any uptick at all) any time soon. To borrow a phrase from you, enough of my noise. Al