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


To: Dave Heibeck who wrote (12989)12/9/1999 10:15:00 AM
From: Sal Davis  Read Replies (1) | Respond to of 17679
 
Almost 600K shares as of 10:10 as per RTQ, with price at $6 1/8.

I love It!!!! :-)



To: Dave Heibeck who wrote (12989)12/9/1999 10:31:00 AM
From: Ray  Respond to of 17679
 
HI Dave!
I am really NOT shocked!
I have been in (well, in and out many times actually, but still actively tracking Ampex) ever since the "glory days", back in ancient history, before the company almost went bust...
When I started in broadcasting back in the '50s - yes, I am a "Certified Olde Pharte"...1 of the kids gave me a certificate to prove it, on my recent birthday - Ampex could do no wrong, and their equipment was the standard of the industry worldwide.
Their research and engineering has always been outstanding, AND their little trumpeted strategic alliances with Hewlett Packard and Tektronix set up in the past year or so have created an "engineering volcano" that will erupt with profits, BIG profits, for all 3 companies...if they play their cards right.
I am really excited about the aspects for Ampex right now, and suspect that 6 is only about 1/4 of the way to the stock's long term valuation...
Good luck to us all in the market!
Ray