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 Corporation (AEXCA)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Lee who wrote (5593)2/17/1999 6:15:00 PM
From: Hal Campbell  Read Replies (1) of 17679
 
Well ..... earnings ....they were as expected.
Sales remained scary. Very very low. Which makes for easy positive comparisons if they ever improve. Irregular heartbeats if they do not. 19mm picking back up quarter over quarter though - always a nice early sign. DCR still deep in the tank. ( Without the tax credits, they actually lost 9 cents per share last year. Without the royalties, a good deal more. So their manufacturing operations had a rough year in terms of cash flow. Very rough. )
62.6 million in cash equivalents on the books at year end - before the final Reiter's and initial TVontheWeb purchases. There is likely a great deal of that cash left. Which buys time, and ought to buy another acquisition or two.
Some hope for improvement this year in the revenue numbers if not in the profits. The rest remains potential and panache. We'll see how they progress at fleshing out " the plan" and how the market reacts over time. As always here, fingers toes and eyes crossed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News