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Strategies & Market Trends : Attitude Small Stock Discussion

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To: James Strauss who wrote (188)11/10/1997 9:40:00 PM
From: Robert Calusdian  Read Replies (1) of 385
 
Hey all,

Has anyone looked at Ampex (Amex:AXC) lately. They closed today at 2 7/8. There is a very informative thread on SI. Ampex has existed for 50+ years in the video and high end data storage market. They exist now much smaller than they were a few years ago since turning pink...

...but have since generated consistent profits, have an extensive patent library and royalty stream, and some possibly big payoff R&D happening.

Check them out and let me know what you think.

'R'

BTW: the CEO purchased 150,000 share a couple of weeks ago at 3 1/8.
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