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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 12.44-8.4%Jan 30 9:30 AM EST
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To: Ed Perry who wrote (3262)8/22/1998 11:23:00 AM
From: Hal Campbell  Read Replies (1) of 17679
 
<< focus and concentrate the entire story could be right in front of you.>>

Yeah, the web could end up being at the heart of AXC's visual storage, service and delivery story, Ed. And if the market comes to believe it, all standard valuation measures might be suspended and Al would have another rocket ride to experience ( he sold in the 14s his first time around with Ampex. Good thinking and instincts ) I will try and get out a telescope ( would that be a Web Hubbel?) and divine the future
In the meantime, they have their most important selling job at hand. I personally do not think AXC can afford to pay a huge multiple of sales for a web hosting company - nor would any such company want to be allied with an eviscerated war chest.But if they can convince a privately owned web hoster that their tech and name make for an alliance with a bright future...the price may end up being a MicroNet like bargain. And that would be a tremendous first step. Really would. And would give AXC 2 potential future spinoffs.
I will watch the AXC volume as you suggested, and crank up the music's volume if it disappoints. Thanks for all your posts Ed. I really do think you entered this stock at a good post, and it'll be profitable for you to one degree or another in time.
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