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

To: CompJock who wrote (3185)	8/6/1998 2:01:00 PM
From: WAI	Read Replies (2) \| Respond to of 17679

Thanks for the IR update. With all the talk here lately of the amount of cash on hand, we've failed to observe (or remind ourselves, since it's not new info) that we are investing in a company with negative shareholder equity. I'm about to go back on an earlier promise not to average down again, but I'm waiting for a sign from the market (or God, whichever comes first) that the slide is over. Still with the bid at 1 5/16, the bid size is only 35. Not an indication that this price is the bottom, from my naive perspective. I know that anything goes when earnings come out. Best luck to all, especially to me, William