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

To: Rob Palmer who wrote (8548)	5/19/1999 2:02:00 PM
From: Ritchmc	Respond to of 17679

Core holding for a lot of people, including myself. Having done well with MESG, NTXY, AMEN- made this my main holding. It is taking longer to ripen- but it has all the ingrediants for a big mover. IMHO here is what I think it will take to really move this stock. Has to hit that "flash point" were a lot of people realize what they have- as apparently a lot of people already have. Needs to stabilize over $5 so you buy on margin and mutual funds can move in. Video on the web needs a little more time to be known as the "next big thing". Management doing a good job of stoking the fire with timely and consistent press releases. Also their video storage system needs a couple of large contracts with some big internet players, like Yahoo. This stock day in the sun could be tomorrow or next year. At this price I feel very comfortable holding on. Don't feel that I am holding an overpriced internet stock that could take a real dive.