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

To: John Rowe who wrote (3164)	8/5/1998 5:13:00 PM
From: Hal Campbell	Read Replies (2) \| Respond to of 17679

If AXC comes out with new products that are truly new, or one or two more compelling acquisitions ( I do not think the word web will have a shazam effect all of a sudden), or some wildcard comes into play, the upside could be rapid indeed. If they don't ....if modest growth or no growth seems likely for the next 12 to 18 months...the price will, in my opinion, inexorably decline to 1/2 to 3/4 sales ...and the acquisitions will determine what those sales will be. But I do not think all will be so humdrum as to lead to half sales. Shooting for 4 myself...within a year. Of course hoping for more. Always hoping. I personally will be satisfied if they swung 15 to 16 million in revenues this quarter.