Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 11.28

-3.8%

Nov 14 9:30 AM EST

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To: Michael Olds who wrote (6907)	4/8/1999 6:49:00 PM
From: Sean	Read Replies (1) of 17679

Well, an interesting day for AXC. I like to see the volume up there anyway. I'm trying to make sense of the action. What can we conclude from the strong run up on strong volume this morning and then the weak performance this afternoon? Is that convertable preffered still killing our momentum just over 4? How 'bout it Ed? Any thoughts? On another topic, I think that it's sorta early to be talking about IPO's. IMHO, it will take awhile for cousin Eddie to fully matriculate his purchases into "the vision". Even in the internut age, combining companies like 'ol AXC and TVotW takes time and talent. It would seem to me that the real value of these properties is not going to diminish over the long haul, nor does Ed strike me as the type to rush out an IPO just because the market timing is hot. At this rate we'll be cursing him up and down next month for dragging his feet on an IPO! Remember, compared to the AXC of 2 years ago, they're moving at light speed! One bullish indicator: Every time I leave for an overseas trip some bit of news comes up just as I begin traveling. It drives me crazy because I miss about 200 posts on this board and have a hard time catching up from abroad. I'm leaving for China this weekend so watch for news after the close Friday! Regards, Sean

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