Corporate road shows make me more than a little nervous - I usually prefer owning the stock of companies with performance that sells itself, but in this case, Ampex has an interesting story to tell, now seems the perfect time to tell it, and the road show itself could reverberate into critical negotiations. For instance..hypothetically..Ampex talks to the Janus group .. Janus calls its contacts at Western, Quantum, and Seagate, HMTT etc. Word gets around, negotiations speed up a bit. If these companies have a positive view of KM, the fund managers could act as catalysts.
Clearly, very clearly, AXC thinks that it is really on to something with KM - frankly well beyond my original expectations. If they are correct, we will all be substantially wealthier. If they are not ...? I continue to generally trust their judgement, and from what I know I like the odds. So I am one investor that is also remaining long. |
