Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 11.00

+8.4%

Jan 16 9:30 AM EST

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To: Wayne Umfleet who wrote (1263)	11/19/1997 9:52:00 PM
From: Ken Holbert, Jr.	Read Replies (2) of 17679

Hello Wayne, I happen to agree that Ampex is a good company however, Western Digital is a great company compared to Ampex and it has a P.E. right now of 6.94. Trading currently at 21 7/8. Given this I see Ampex going even lower in the near future. If we give it a P.E. of 7 it would be trading at 1 3/4.

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