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

To: John M who wrote (3260)	8/21/1998 1:55:00 PM
From: Hal Campbell	Read Replies (1) \| Respond to of 17679

John, I simply do not know. KM hopes, and DST growth hopes, and royalty growth hopes, and litigation success hopes and " new products from patents" hopes have all come to nothing in the 3.5 years I have owned some of this stock. The core business has been dwindling quickly - we all know that. They seem to be aiming at promising sectors now. They want to become something of a one stop visual storage and delivery shop. That suits their expertise. They have an awful lot of working capital for a microcap, and that at least tells us they will not be going under anytime in the next few years. And other acquisitions will be made. and that should be Ed's best milieu. We know their year over year revenues are going to rise next quarter for the first time in many years. They continue to squeeze a little blood from the revenue stone, despite the negative cash flow from manufacturing operations. The patents are still there. I do not think it would take all that many positive developments for AXC to move into the 4s sometime in the next 12 to 18 months.....but it will finally take many good breaks for the stock to go beyond that in my opinion. Hanging in here. But not sure at all how it will all work out. I do think the odds are somewhat in our favor from these levels...in time.