SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Umfleet who wrote (1263)11/19/1997 7:13:00 PM
From: Robert Calusdian  Read Replies (1) | Respond to of 17679
 
I have been high on ampex for most of this year despite the downward trend of the stock. I have, however, become a little nervous after reading Bramson's letter for the 100th time trying to find some hidden tid-bit of information.

Could anyone reading this ampex thread please comment of his quote

"...the sales cycle for large purchases like Ampex's
products is relatively long, and the orders that we actually have in hand have, as yet, only increased slightly from the beginning of the year."

Does this mean they have recieved very few orders this year and we should expect a bad beginning to '98? Is ampex expecting no growth in revenues for the start of '98?

Comments?

Anyway, good company, great products, and even better history. Let's hope the best is yet to come.

Rob



To: Wayne Umfleet who wrote (1263)11/19/1997 9:52:00 PM
From: Ken Holbert, Jr.  Read Replies (2) | Respond to of 17679
 
Hello Wayne,

I happen to agree that Ampex is a good company however, Western Digital is a great company compared to Ampex and it has a P.E. right now of 6.94. Trading currently at 21 7/8. Given this I see Ampex going even lower in the near future. If we give it a P.E. of 7 it would be trading at 1 3/4.