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

To: CompJock who wrote (3139)	8/2/1998 5:28:00 PM
From: Hal Campbell	Read Replies (2) \| Respond to of 17679

Thanks Comp....very interesting. Last word on the subject I promise. Ran a far from stringent screen of 2 year top and bottom line growth rates beyond 15%, and share price growth rates during that period of less than 10%. Even that easy one yielded only 10 securities. The problem is that the screens only incorporate data through 97....and even in that small group more than half have already appreciated beyond 20% ( some doubled) in value at one time or another in 98 so far. So that screen would only really be trading useful in early January ...and in early January the 98 data would not be available yet. Great historical reference and terrific toy, but back to value line, reading a variety of sources, scanning profit reports, and talking with people for ideas. Thank you for yours Comp. For anyone who may be curious, those 10, and what they have done in 98 were Applied Cellular ( ACTC - down sharply this year ) American Oncology ( ADRI - down ) Air Touch Communications ( ATI one of your favorites, isn't it Randy? Up nicely ) Capital Pacific Holdings ( CPM up sharply ) Gymboree ( GYMB has collapsed this year. Sorry to see that. Was good to me a few years ago. ) Shuffle master ( SHFL peaked ...now up modestly) Summa Industries ( SUMX - peaked...now down) United Healthcare ( UNH up modestly ) US Homes and Gardens ( well off its highs, but up smartly) VariL ( VARL began at 8 ...peaked at 14.5...back to 8 ). Of that group, 5 of the 10 have continued to grow top and bottom lines unabated in 98. They are ADRI, ATI, SHFL, SUMX, and VARL. The others have run into problems of one kind or another. There were stocks like that growing on trees a few years ago. This market is rewarding sustained growth in spades. That won't last forever. Hope AXC is beginning to finally achieve some. Growth would earn Ampex the long term market respect I would suppose we all seek for it.