Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 14.69

+11.8%

3:59 PM EST

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To: PaddyD who wrote (3169)	8/5/1998 8:26:00 PM
From: Hal Campbell	Read Replies (1) of 17679

<< I must respectfully disagree with you about AXC being a shelter from a bear market. >> Meant...thought I said......" might", Paddy. A shelter in the sense that a microcap stock as hammered down as AXC sometimes decouples completely from a bear. And marked improvement of earnings, if it should come, will almost have to flow from new products and services offered, and that improvement can be more dramatically independent of the economy in a microcap, than it can ever be in a stock like say GE. Personally, if I were looking for strictly a shelter right now, I'd buy a basket of REITS. At these prices I agree with Jubimer that a stock buyback with some of the cash would be a good idea. And , if anyone in the company thinks something good is on the horizon, I would be delighted to see some insider buying beyond Bramson taking place. And somewhat concerned if that does not happen at all. More than somewhat actually.

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