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Technology Stocks : Ampex Corp: Digital Storage
AMPX 10.01+5.6%3:59 PM EST

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To: lostmymoney who wrote (1886)2/19/1997 8:32:00 PM
From: jonggua   of 3256
 
What is this "Outlook" which is following AXC? could you elaborate re: this publication or whatever and what they have to say about AXC?

BTW, a PEG ratio of .1 is WAY WAY low.
As I see it, eps can go up 100% EACH YEAR from KM earnings approaching 100% industry share and between $.50 and $1/ platter.
96 .28
97 .57
98 1.05
99 2-8+ if $1/platter at 600M (100%) with good DST thrown in.
00 5-9+ " 700M (100%)
01 5-10+? " " 800M (100%)
I know the disk drive industry sells at very low pe's, but they're not growing this fast, and those that are growing very fast (component suppliers) have some pretty hefty valuations of their own, some of them I believe.
Sure, this may remain undervalued for years, but so wasn't Fannie Mae for years and years and it still ended up making Lynch 500M in profits for Magellan. Cheap price doesn't mean NO profits, just less than it would garner in a mania.
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