Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 8.770

-14.7%

3:59 PM EST

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To: Michael Olds who wrote (6581)	3/26/1999 8:11:00 PM
From: hookjock	Read Replies (1) of 17679

Well no surprises in the 10-K. I don't know why but I was hoping for more information. Something that would have given me a better feel for where they are headed and how long it's going to take to get there. Seems there is more of the same for us in the future. Earnings will be non-existant in the near term and possibly longer term. Sales are a real concern. Now that they have cut the meat out of the Micronet line(low end products) to focus on the high end products I'm afraid they have once again priced themselves out of a sizable market of people looking for good lower priced products. I don't know but I see little good news in the 10-K. Only the realization that this will take considerable time till we see if this company can ever find it's way back to prosperity.

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