Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.87

+2.5%

Dec 2 3:59 PM EST

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To: DrD who wrote (8953)	6/1/1999 2:59:00 PM
From: killybegs	Read Replies (2) of 17679

Re the Russell 2000....it was a lot easier to forecast that Ampex was going to be deleted last year since their market cap was well below the market cap the the minimum that was added in 1997. This year is much more difficult to predict. In 1998, the 2000th company, Andover Bancorp had a market cap of 221 million. That is just below where Ampex was on Friday. So it comes down to: number of deletions due to less than minimum market cap; number of companies moving out and upward due to increased market caps and number of new(IPO) companies that qualify...... Read Larry Bauman's column in the May 27th edition of WSJ....

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