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

To: Joe F. who wrote (1100)	10/29/1997 9:52:00 PM
From: D.J.Toal	Respond to of 17679

OK - Lets go over this again. What is the PE ratio of AXC at this point ($3.5) and does any one acually know the reason why all the analysts were touting AXC is worth $10 before KM. Is this stock undervalued at $3.5 , and without KM is it worth $10? Now that we have had time to think about the real value of AXC even without KM -- can anyone tell me what is the real unhyped level of the stock. Answer this - why is the stock in the $3 level? Is it because the company is not worth $3 compared to the industry? Is it wise investors waiting for the big news of KM contract? Is it because AXC was hyped and is not worth $10? Toss KM in the can -- Where will Ampex be in 2 years with patents and technology currently offered -- is it worth $10/share and why? Thanks for all of you who have responded to these questions over the last year -- it has been informative. Ohh - and by the way, thanks for the prayers Paul I need them. God bless all of you Brothers and Sisters of AXC.