Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 8.270

-3.0%

Dec 26 9:30 AM EST

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To: Ed Perry who wrote (4199)	12/28/1998 8:41:00 PM
From: Hal Campbell	Read Replies (1) of 17679

<< The low share price and the lack of such opportunities may be the simple explanation of why there are no acquisition announcements for the near term strategy.>> Precisely, Ed. Catch 22. Need the acquisitions to boost price. Need the price to more economically make the acquisitions. Thanks for the excellent post. I wish I were buying AXC for the first time today rather than 3 and a half years ago. Then I would be more comfortable with your most probably correct time frame. So...in terms of revenue needed to stabilize the share price ...lets hope for government, cable provider, studio and oil company sales for DST. And some marked growth ( albeit from a low low level ) of the new Micronet line. Any recovery in DCR sales would also be a mighy large aid. The perhaps internet cachet may kick in. Glad they at least locked in an option price on that. Hard to go out the door without stumbling over runaway tulip bulbs nowadays..... the valuations truly insane by conventional measures .....determined of course by supply and demand for the web commodity right now. And while I do hope AXC brings long run carefully prepared proprietary substance to the internet table ...I do also hope they do not,like those Cooper Indians in the Twain piece, watch the web house pass slowly under their "sapling" and jump too late- missing the boat altogether.

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