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


To: digger who wrote (12770)12/3/1999 1:43:00 PM
From: Rob Palmer  Read Replies (1) | Respond to of 17679
 
Ditto from me. Nice work Hal. One would think you have been around AXC for a while to know all these things.

Many message board personalities feel that Mr. Bramson and team have done a lousy job with AXC. I think contrary to that view. He brought in the cash through the only possible channels at the time. This saved the company and bought the necessary time to fund the new growth plan and acquisitions. Have a feeling many will need to eat their words in the future if they stick around long enough.

Mr. Bramson's biggest fault was misjudging the demand for digital video data systems equipment. This investor still feels that AXC's equipment will be in hot demand sometime in the near future and that all divisions will be humming together. This will get our stock price moving higher.

IMO, there are few companies these days with the integrity of AXC. How many public company executives sacrifice their own compensation when the company is not performing?

The patient AXC investors will most likely be rewarded for their resolve.

Rob