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


To: valuehunter who wrote (11049)9/15/1999 12:39:00 PM
From: Hal Campbell  Respond to of 17679
 
<< . To what would you attribute such
a phenomenon?..............................>> ( love ellipsis myself <g> )

To their potential for growth. And if PR brings a pop ..it won't last long without the growth.No number of exclamation points can replace it. Even with the growth AND enthusiastic PR a net TV company like ITVU corrected from 82 to 30 this summer. ( still 100-1 price to trailing sales ratio though)

Can't do it to the degree that I imagine Carl and Al are exercising, but I did add a little today to my "bury in the backyard" ampex position - 5 year perspective. Small percentage of my core holdings. If it falls below two, I'll add to my core holdings ( 9 to 12 month perspective).

My fear is survival...my rationale is that all those AXC financial guys on the board may not know how to make a company grow, but they do know all about financial survival....and in this case they may have hit a sector that will bring growth regardless of their limitations. The potential is so rich, I 'd like to at least have a little ultra long...if only because the pain of owning AXC may make me appreciate the real pleasures of life more. ; - )