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

To: digger who wrote (11218)	9/23/1999 12:39:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 17679

You're more optimistic than I am. I look for 3 1/4 to 3 5/16 by close today, followed by 3.5-3.75 tomorrow. Then I think we consolidate in that new range, with a re-test of 3.5 after a few days - unless the PR just keeps coming, which it may. I predict that this quarter AXC will have internet video revenue (including subs) of $2.4 million, and that they will be larger than ONT, VDAT, ITVU, or IATV. They will also be growing their internet video revenue significantly faster than them as well. When the market reflects this in the valuation I see AXC above 5 for good. Carl