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

To: bchunter38 who wrote (3213)	8/11/1998 12:27:00 PM
From: Hal Campbell	Read Replies (1) \| Respond to of 17679

After the lengthy earnings release delay, the market now assumes that AXC's only revenue last quarter was a few hundred thou from the sale of Bramson's Bentley and that the CFO lost the entire warchest at the baccarat tables in Monte Carlo. Too early to establish a pattern, but I do note that they prereleased the good 4th quarter net and cash raising news with the devastating KM research cessation .......and preceded the very poor first quarter with the MicronNet acquisition announcement. ( Talk about pulverizing a surge!) So there may be some announcement close behind or before earnings. Though I would imagine acquisition is almost impossible to perform sanely by a precise timetable. Maybe someday the stock will rise the old fashioned way ...... briskly ascending top and bottom lines. Someday.