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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.710-3.8%Dec 23 3:59 PM EST

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To: NORMAN DUNNWYN who wrote (1974)2/27/1997 11:36:00 PM
From: jonggua   of 3256
 
Oh, how could I have missed that info! Why, with their no assets, high debt and ability to make $2-10 in eps in a couple years from KM, DST and growing recurring royalties, why obviously the stock is worth about 1/16 or 1/8 for the really brave ones! Its so clear to me now, negative bookkeeping net worth means the stock is worthless. Sure wish I'da known that before sinking all this money is something thats obviously going to zero fast.
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