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


To: killybegs who wrote (3243)8/16/1998 7:31:00 PM
From: John Prugh  Respond to of 17679
 
Jubimer...anybody, 'Am intrigued by AXC at the current price, and am wondering about the downside potential (certainly plenty of upside potential). At the WSRN fundamentals site, I noticed that AXC has a very appealing PE ratio, but a negative PB ratio. Does anybody know what that means or how it comes about? At first, I thought that AXC's debt might exceed its assets, but that does not appear to be the case.
Can anybody explain the significance of a negative PB ratio with regard to AXC?
Thanks,
John