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: David Wise who wrote (3323)	9/2/1998 3:03:00 AM
From: Hal Campbell	Read Replies (2) of 17679

<<How much of their income is from Year 2000 solution? >> An excellent question, David, but they didn't acquire the Y2K company until April 9th of '98 -very brisk growth preceded that. You may be right about the fit, df, but there is quite a difference between 187 million annual revenues and next to no revenues as of yet. Why not both? LOL First Colonial does have a buy rating out on ATEC with a 12 month price target of 14, but I do note that First Colonial is also their banker. Sorry, this is the AXC board and not the Atec ( though I do like this stock ) ...I guess my point is that there are bargains out there to be had by AXC. Micronet was one, and I think they will find others. More than one more. They may not do it as quickly as we all hope, but that is something you just cannot hurry. Would we be happier if they had bought a web host a few weeks ago when they were all tulip bulbs in full bloom?

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