Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.31

-4.7%

Nov 20 3:59 PM EST

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To: Gus who wrote (4014)	12/13/1998 9:27:00 PM
From: Hal Campbell	Read Replies (4) of 17679

Fascinating post, Gus. Sort of futuristic "love the one you're width" ........bandwidth anyway. ; - ) Of course AXC the stock has been its own kind of " woofer" so far. And I do hope they are searching from stem to Stern for web applications of their tech. << The work I have done in this stock continues to be very useful and profitable to me as I tool around in the different parts of the technology food chain as an investor and as a businessman. >> Gus, you have been so very gracious in sharing that research, that it has been mighty educational for us too. Certainly for me.Thank you. BTW ...I also do not know why they didn't go after Emass either. Seemed a near perfect fit. Thought at least one of their uses of the money would be a rapid synergistic play to markedly increase revenues. I bow to Ed and your knowledge of resistance levels - know virtually nothing of TA ....but would hesitantly suggest that AXC might just be a little different in one regard. Its grueling decline has been against a monotone backdrop of steadily falling revenues and failed hopes.If they should ever come to be, RISING revenues and profits would be an entirely new experience. Behaviors learned from unremitting negative or positive reinforcement are the easiest to extinguish. Intermittent are the hardest ( which is probably why many like golf, but that's another topic..lol) - the one part of Skinner that does make sense to me. And most who still hold or have sold AXC must have a little " hope against hope" blood in their veins. Not sure how hard that would be to set to burning again. Look at the way we scrambled to find meaning in an out of the way employment notice. So possibly...just possibly....if better times (or timing) or a more cohesive vision ever do come to pass - AXC might go through resistance levels a little more rapidly than most....but there are a lot of shares out there now. This has been my second adventure in the pinks. Compumed was the first. Sat paralyzed ...ignored every warning and latched onto every hope as I watched AXC go from very profitable to a large loss. Could analyze myself for months about it but it may be just as simple as to say that I thought KM would sell on some scale, and then just as I realized it would not I thought a conservative fellow like Bramson would not take on such additional debt unless he had a compelling and immediate reason. And that First Albany would not arrange it unless a powerful business plan backed it up. Also never imagines sales would fall as low as they have. Yeah, I am going to have to choose a "drop dead" scenario for AXC too, Gus. Well put. The debt worries me. The cash flow worries me. The aimlessness worries me the most. A year sounds about right. Will attempt to take one more lap with it. Hope things finally change for the better. Glad you plan right now to be along for part of the ride.

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