Complex-valued periodic sequences, u, constructed by Goran Bjorck, are analyzed with regard to the behavior of their discrete periodic narrow-band ambiguity functions A_p(u). The Bjorck sequences, which are defined on Z/pZ for p>2 prime, are unimodular and have zero autocorrelation on (Z/pZ){0}. These two properties give rise to the acronym, CAZAC, to refer to constant amplitude zero autocorrelation sequences. The bound proven is |A_p(u)| leq 2/sqrt{p} + 4/p outside of (0,0), and this is of optimal magnitude given the constraint that u is a CAZAC sequence. The proof requires the full power of Weils exponential sum bound, which, in turn, is a consequence of his proof of the Riemann hypothesis for finite fields. Such bounds are not only of mathematical interest, but they have direct applications as sequences in communications and radar, as well as when the sequences are used as coefficients of phase-coded waveforms.