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


To: ACV who wrote (2552)4/16/1998 8:56:00 PM
From: Hopefull  Read Replies (2) | Respond to of 17679
 
For what it is worth. I was able to get on a Bloomberg terminal. I found an analyst who is predicting .60/share earnings for this year !

Frankly I am surprised at the continued downslide.
Are people selling at these prices to help pay their taxes ?

With a healthy stream of revenues from patents, an inventory of 1000 patents, a positive revenue stream, a PE under 8, and a Chairman who owns and/or indirectly controls 18 million shares and has purchased 400,000 shares within the past 6 months ... 2 3/8 ( a capitalization of 100 million ) seems to be way undervalued.

I hope I am not missing something. I just went into my margin account to buy more.



To: ACV who wrote (2552)4/22/1998 7:02:00 PM
From: mp  Read Replies (1) | Respond to of 17679
 
I thought the Q1 earnings were going to be released after
the market closed today, but I have not been able to find
anything yet. If someone knows anything at all, would you
please share it with us here? Thanks in advance.