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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 12.36+1.1%10:43 AM EST

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To: bchunter38 who wrote (4599)1/20/1999 8:48:00 AM
From: Sean  Read Replies (1) of 17679
 
My my my. What a difference a day makes. As someone who openly wondered about Ed's ability to run AXC in these technologically dizzying times, I have to say I'm glad I may have been wrong. I hope Ed makes me regret every word.

I can't help but sit back an smile after digesting all of this new information. Looks like we all have some thinking to do about just what this means for Ampex. To me, we have a brand new company on our hands. The potential, as Jubimer is so adept at visualizing, is hard for me to get a handle on. But by far the best part is that this is, as other posters have pointed out, an internet play grounded in a solid, profitable background. Sure, it will take $$$ to get where we need to go, but if Ed had proven anything in the last 2 years, it is adept at managing the company's cash flow for maximum benefit. Imagine if AXC was a prospective IPO; internet strategy + seasoned management + existing products + technology patents and... PROFITS! (sweet Jesus! Amen!) Wow.

Should be a fun!

Regards,
Sean

PS: Is the Amex the place for AXC? Anyone care to comment on the pros and cons of a switch?
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