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

To: Hal Campbell who wrote (1347)	12/2/1997 3:06:00 PM
From: John Rowe	Respond to of 17679

Hal, And All, After the long, agonizing decline in this stock, margin calls, and the almost total turnaround in sentiment on this thread (remember last winter? Tone of thread was possitively giddy with anticipation of huge gains), the question of "why hold?" is certainly valid. But if you look at the company's balance sheet, along with less revenue, you will also see less debt, and a much lower PE. I have little doubt that the company will survive, and I think my (now) small investment is still warrented. Who knows what the future holds? Potential is still there, and so will I. Best of luck to all of you, whatever you decide. Thanks, John R.