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Technology Stocks : Ampex Corp: Digital Storage
AMPX 10.67+2.4%Nov 18 3:59 PM EST

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To: Madharry who wrote (1829)2/18/1997 5:11:00 PM
From: jonggua   of 3256
 
The written news release is the same, but what I've not seen before anywhere is their balance sheet info all laid out, for 4Q and year. Has anyone else seen this elsewhere, or is their first release of the $ table info? Bears printing out and perusing. I've done the former but not the latter much. However, I do see royalty income was 2.913M for 4Q, and 10.5 for the year. Interest income of 3.257M for the year, so if you add royalty plus interest income, it's greater than the 12.741M in total income for the year. Course, we can thank stubborn Mitsubishi for the extra 4.9M in legal expenses last year. What a horrendous cost!, and the trials are only starting this Q (maybe)!
30.65M in liquid assets, 914K in debt
minimum pension liability adjustment 10.6M in the hole
total liabilities and stockholders deficit 84.5M

Go and take a looksee yerself at www.yahoo.com under Ampex company news. Can the 10K be too far behind? I believe AXC IR mentioned early March as probably release date.

7 3/8 low today! Really, of all the horrible things to do to a stock that should rightly be trading at 10-13 right now, and that w/o KM hopes factored in. Can I margin anymore? Hmmmm.
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