Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.41

-7.7%

Nov 17 3:59 PM EST

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To: Gus who wrote (14392)	2/7/2000 4:22:00 PM
From: Hal Campbell	Read Replies (1) of 17679

<< AXC needs to figure out a way to get into this league.>> No doubt about it, Gus...lol. ( Interesting leveraged arbitrage possibilities in the price gaps between akamai and itvu- but I'll leave that to the more skilled of the very wealthy folk) And there's the hand of Intel once again. A few notes in the SI AXC calm. &&$%#@& if almost every stock that has been first mentioned on this board in the last 15 months hasn't skyrocketed ...LOL.....from ITVU to IATV to ONT to UPGD to a couple of Axxel's mentions ...to Matteo's post ( quad in a few days) etc etc. We may have not had much luck with AXC in the last year, but we have been a gold mine for other stock mentions. <g> And a note about microcap prices and judgements. Nothing we don't all know, but reiterating.Many imponderables with AXC of course - but me, my medium term expectations still outweigh my fears. Hard to judge a microcaps business or prospects or potential by price, and yet an easy temptation to do so. Despair on declines...jubilation on recoveries. And if good things happen, they sure can happen quickly. Let me drag out my old warhorse of an example once again ( acknowledging the groans from those with good memories that have been reading posts for years) Bought CAMP at 7 ...then much more at 3 ( on "potential").Not too long after that it came to within a week of literally not being able to meet its payroll. Rallied after that ( within a few months). I sold at 10 (stupidly clucking) - partly as a delayed reaction to my tremendous fear when their cash flow became so perilous ...used up all my courage and objectivity. Went to 95 in the next 8 months - mammoth short squeeze. The after a 2-1 split, it fell to below 3 again. I follow it out of nostalgia ...and nowadays - in the wireless sector - it has moved from a 52 week low of 1.68 to over 38. Where the true value? Which jubilation or despair was justified? And how does Ampex unlock its market potential in several areas ( mainly in the patents and iNEXT)? The saga continues.

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