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

To: HPilot who wrote (12581)	11/29/1999 10:27:00 PM
From: Jerry Gogol	Respond to of 17679

Hugh,enjoy it. Didn't you suffer as we all saw AXC slowly lose 1/16 and 1/8's daily for what seemed like for ever.I've been through that three times.Watching AXC then jump 7/16, 5/8, is to be enjoyed.If we have no knock-out,blow your mind technology surprise to turn us into the next Microsoft,we are still worth more than 5 1/16 a share.The only way we can go it up.BUT if we have the knock-out mind-blowing then.......

To: HPilot who wrote (12581)	11/29/1999 10:37:00 PM
From: Hal Campbell	Read Replies (1) \| Respond to of 17679

<< maybe I will sell out near the high's as Al has done!>> Nothing wrong with taking profits, Hugh. Maybe you will nail a peak.( Al sure did in the KM days - and has traded it well since). The reason I am not especially worried now is that once they are widely recognized as a legitimate streaming player ( I do not believe they are as of yet) there is really no reason for the market not to grant them some portion of the normal P/S multiples of other streaming players to their 2000 net revenues. That should set 5 as a pretty good base rather than a temporary summit. And a few things could heighten that valuation quite a bit. So from here it still looks like a good gamble to me ... but just my opinion. But there are always fears with Ampex. And thus far nothing has come easily.