I have a list of "great posts" which I have printed out for my further perusal since they're either great encouragers or so technical I can't grasp it all at one reading. To be fair, they only include one of mine, 1712 where I did some historical comparisons with great tech stock growth patterns of the past in my quest to believe for $500 AXC. Prudential's analyst can pay for my psych counseling if he wants, but watch the analysts climb on board for each $10 in price appreciation and get only more bullish as the price skyrockets the next couple years.
Anyways, heres the list of ones I have to read, reread, rereread, etc.
319,363,640, 646,648,1000,1002,1042,1029,1015,1212,1228,1285, a post by me in early January recounting conversation someone had with CFO McKibben at the road show- don't know the #, I just retyped an e-mail of the conversation sent to me, 1381,1375,1417,1429,1384,1628,1674,1662,1687,1694,1710,1756,1780,1781,1914,1924,1928,1912.
Sorry for the convoluted mess, but I've found the above printed out pages to be invaluable for keepering the faith, explaining hi tech stuff (I almost understand KM a little bit now!), keeping a pulse on the brokerage community's evaluation, and a heavy dose of Gus' snooping around ferreting out info and interpreting it for us. This list is uncensored and so some may be greek or junk to him, but I reread these printed out ones all the time to remind me of the potential we've got here.
Someone mentioned they'll be selling at $50, their opinion of the high for this stock. I always keep in mind charts in Peter Lynch's book of great growth stocks that look like Mount Everest, or the Matterhorn, but which cover in most cases decades. Yes, there are periods of over and under valuation, but if you get in early enough, and the company is still growing, and it's not at a pe of 70 (ala Nifty Fifty early 70's for huge companies which could never grow that fast), may as well hang on for the ride. Now admittedly AXC is an extremely hi tech outfit on the bleeding edge of tech, but they're finally taking a massive profitability approach to all that Ampex magic they've cooked up in the lab. Unbundling their many unique, patented technological marvels and mass disseminating them across their respective industries is going to send this one thru the roof, or at least the triple digits. And Chairman Bramson seems a guy I can trust to reward us well. Sure would like to meet him at one of the annual meetings- can't go this year due to all I've got into AXC shares and margin debt. When it pays off maybe I can make the pilgrimage to Building #3 on the Ampex campus ;-> |
