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Technology Stocks : AXC: Ampex Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Stephen M. DeMoss who wrote (11)	7/25/2001 11:19:22 AM
From: Hal Campbell	Respond to of 15

<< About ever 10 years I buy into a dream and lose about 15%-20% of my available money. >> You won't make that mistake again, Steve. Everyone has losses but you'll cut em when the story starts to collapse, or when you have a fine profit in hand and the outcome still remains extremely uncertain. You can make alot of money buying value and turning over an reinvesting solid gains. My situation is somewhat peculiar. Not dire, but my available funds are going to have to be dedicated to the household. Will start looking for work next year. This does hurt,but it already has hurt for quite awhile..lol. I will survive. We were hoping some outside party or the sector or the market would rescue us. It has been a very long time since we really hoped the intrinisc performance of the company would do so. That's telling. Catch ya in 10 when some dream partially works out( and they stream the story...lol). All the best, Steve! ( and your son learned an invaluable lesson on the cheap...I bet he is the next Warren Buffet someday <g>)

To: Stephen M. DeMoss who wrote (11)	7/25/2001 11:29:52 AM
From: Hal Campbell	Read Replies (1) \| Respond to of 15

<< Remember when Bramson bought at $3? Did he borrow for that? >> He borrowed from the company at 6 dollars a share when the Maxtor deal looked likely. If I recall he paid half of that in cash, the rest was a "loan" ( but if I recall the shares came directly from the company) the substantial interest of which was forgiven by the board. The rest of his purchases were cash. He sold some that spring...his only sale ...to buy a Bentley some have said. Since the loan interest was later forgiven, part of his rather low salary as CEO was the Bentley we bought for him.