SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ampex Corp.
AMPX 14.11+14.8%3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: valuehunter who wrote (5801)12/12/2008 11:58:13 AM
From: Hal Campbell   of 5839
 
Doubt if it is much comfort, IC, but I also doubt there is any connection between that company and the Ampex we knew at all.
I just did a lightning skim of the K, and it is strictly an Israeli company. They simply saw the value in the name I guess---it always had intrinsic value but management never figured out a way to use it.

This company has 8.7 million redeemables outstanding (which literally made me laugh out loud.

About 27 million common shares.

Trading over present cash value;so I do not know how they managed that valuation in this market. Perhaps the principals have very high reputations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext