Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.12

-1.9%

Nov 21 3:59 PM EST

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To: scrooge who wrote (9792)	7/2/1999 9:37:00 PM
From: Carl R.	Read Replies (2) of 17679

Richard the thing holding this stock back is that no one can see the financial performance of what they are investing in. They can see the financials for Ampex Data Systems, but who would pay $5 for that? The valuable part of the company is the video portion, but there is virtually no public information about the past or future performance, so how is a responsible investor supposed to ascertain what it's worth? Even in an IPO you get to see what you are buying, but not here. Heck this is about like buying a non-reporting BB stock. <G> Quite frankly, we're just guessing that it is worth this much or more, but most investors want more than that, and aren't willing to buy on a guess and a hunch. Once the June financials are out, AXC will be much easier to value, for better or worse, and the stock could make a dramatic move one way or the other. Carl

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