Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.56

-14.8%

Feb 5 3:59 PM EST

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To: Ken Holbert, Jr. who wrote (681)	9/17/1997 3:23:00 PM
From: James F. Worfolk	of 17679

I just can't figure out this stock. market goes up big, AXC goes down, market goes down, AXC goes down. What am I overlooking here. Why can't this company garner any positive interest from Wall Street? I bought this stock at it's one year high last December and have seen nothing but continued erosion. I've bought on the way down thinking it was only temporary and that it would bounce back big but still nothing. Are earnings and sales disappearing or are they growing? KM seems to be going nowhere fast. W/O KM, what should be the true value of this company? In the past I heard it was between 7 & 8. $4 a share doesn't seem to be realistic. Just sign me disapointed in VA.

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