Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 8.540

-2.0%

Dec 24 12:59 PM EST

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To: flickerful who wrote (4231)	12/30/1998 9:52:00 PM
From: Stephen M. DeMoss	Read Replies (3) of 17679

You mention the nice PE of AXC but leave out the growth rate. My charts from Prodigy say there is no growth. AXC is trying to find an identity. IE a product line that is futuristic and latent with growth and NEEDED in technology. They thought they had something in Keepered Media. Apparently that is shelved. They have nothing but a strong history of some notable inventions. If they don't come up with one soon, we all will need to find another board to talk on. Growth is critical and you can't grow without a needed product. The volume is based on speculation that it can double from here because some analysist is making an educated guess that it can rebound. Few of us here are looking for a spike of one dollar. Steve D.

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