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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.99+8.3%Jan 16 3:59 PM EST
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To: Hal Campbell who wrote (3322)9/2/1998 12:54:00 AM
From: David Wise  Read Replies (1) of 17679
 
ATEC word of caution: I was very interested and did some research tonight, but was not able to answer my biggest concern - How much of their income is from Year 2000 solution?

I would be very interested in a breakdown by business area. I'm concerned, though, that they are a 2 year company.

Have the other business areas (videoconferencing, telecommunications, etc.) been growing? Maybe showing losses in these? Is Y2K the high margin business covering up losses in other areas? I was disappointed at the lack of information given in their many press releases about any breakdown of income.

Still, the growth is more than impressive, and the earnings would demand a higher stock price, especially if the revenue stream is not in danger of becoming a trickle after 2000.

If anyone finds an answer, I'd really appreciate it!
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