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


To: paul lin who wrote (1408)12/9/1997 11:06:00 AM
From: charles moore  Read Replies (1) | Respond to of 17679
 
"If" my Aunt had ------ she would be my Uncle.My message
referred to the previous message that stated " the stock
would reach 4 and do nothing".I could also put "the money to
work and lose and I wouldnt have even the 60%.Selling AXC at the
1.5 gain from 2.5 exclusive of commissions which amounts to
$14.95 each way is neglible.I then have a gain of 60% in six months
or an effective 120% annualized gain on AXC. Putting the
Proceeds into stock xyz and then selling it 6 months later would
then give me a certain percentage on xyz and then a certain
percentage overall.

I mentioned that "any good news would be gravy. "Good news causing
AXC going to 6 would then raise a different scenario.Of course,
AXC could have good news and the Economic Climate could be bad or
vice versa resulting in a completely different scenario. Buying
at 2.5 and selling at 4.0 and then buying Stock "XYZ" would
then have me on the XYZ board.

Charles