Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 12.18

-0.3%

Dec 5 9:30 AM EST

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To: ACV who wrote (2552)	4/16/1998 8:56:00 PM
From: Hopefull	Read Replies (2) of 17679

For what it is worth. I was able to get on a Bloomberg terminal. I found an analyst who is predicting .60/share earnings for this year ! Frankly I am surprised at the continued downslide. Are people selling at these prices to help pay their taxes ? With a healthy stream of revenues from patents, an inventory of 1000 patents, a positive revenue stream, a PE under 8, and a Chairman who owns and/or indirectly controls 18 million shares and has purchased 400,000 shares within the past 6 months ... 2 3/8 ( a capitalization of 100 million ) seems to be way undervalued. I hope I am not missing something. I just went into my margin account to buy more.

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