SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ampex Corp: Digital Storage
AMPX 7.887+0.7%Dec 31 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: paul lin who wrote (1617)2/3/1997 10:07:00 AM
From: Gurmeet Singh   of 3256
 
Date: February 3, 1997

COMPANY: AMPEX CORP/DE -CL A

The aggregate evaluation on Ampex Corp'A' by the 3 Wall Street analysts following the
company is a "Weak Hold." The weighted consensus ranking or AQO (Average Qualitative
Opinion) of the company is 0.00. This falls exactly on the .00 AQO level which is the
borderline between a "Weak Hold" and a "Sell" recommendation. Recognizing the AQO of the
S&P 500 is currently at 0.90, analysts are indicating they believe the shares are likely to
underperform the general market as defined by the S&P 500.

Analysts forecast that earnings for the company will drop to $0.33 per share for fiscal 1996
but will rebound to $0.46 per share in 1997. This would indicate an earnings decrease of
81.5% this year and a rise of 39.4% next year. Economists currently forecast the earnings of
the S&P 500 to increase in 1996 approximately 6.36% and will rise 8.58% in 1997.
Considering these forecasts, earnings at Ampex Corp'A' are expected to significantly lag the
rate of growth anticipated for the broad market in 1996 but will see growth that is higher than
the market rate of growth in 1997.

Wall Street has a very low level of confidence in the forecast of earnings for the company. The
deviation in the estimates that form the consensus is very, very high, reflecting a most
considerable level uncertainty on the part of analysts following the company.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News