Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: John M who wrote (9346)	6/19/1999 11:45:00 AM
From: Michael Olds	Read Replies (2) \| Respond to of 17679

JM, A good thing to try and remember in this business is not to generalize. Every analyst is different. I saw a major stockbroker just initiated trading in a big name internet stock only a month or so ago. You can be sure that when there are enough investors interested in Ampex, the analysts will come. You could probably figure that “enough investors” roughly equates to the number of subscribers it takes to support a magazine…a few hundred thousand at the least. I doubt that there are more than a thousand individual investors in Ampex at this time. Or you could figure that a major brokerage will initiate coverage when it can see an opportunity to make money promoting it to an investor base (it's own and those of it's associates). I can't see Ampex at this time qualifying for any kind of rating by any major brokerage, by their standards this one is off the charts risk-wise and too low priced for them to make the big bucks (except, of course, for themselves).