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


To: df who wrote (3317)9/1/1998 5:54:00 PM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
<<If I may.... QNET is a cute little Co>>

Yeah interesting startup, DF. But your ATEC post interests me more.
Do I read that news correctly? !87 million in rapidly growing revenues ( up from 100 in 97) .....very profitable( 43 cents per share up from 28)....and a market cap of between 30 and 40 million?!? Now if AXC could buy 187 million in profitable, fast growing revenue in any business at twice that price .....that's be nice. I see IAT terminated a 77 million stock swap offer due to excessive earnings dilution.So apparently they are not averse to a merger. HMMM.
Ed.....if anyone at AXC is reading these boards....would you take a quick glance? Please! Not precisely synergistic, but not completely alien either.



To: df who wrote (3317)9/1/1998 7:13:00 PM
From: Hal Campbell  Read Replies (2) | Respond to of 17679
 
ATEC almost seems too good to be true. Explosive growth in both the top and bottom lines. A trailing price to sales ratio of under 20%!?!
Almost no long term debt.
DF, would you expound on this company a little? Hoover's has a little summary and I read the news releases from the business wires. ...my database has them listed as in the furniture business with no other data ( of course my database has NO '98 info on AXC either - good ol Power Investor) ....... is ATEC for real? I will have to read their annual report.If they are for real, I am sure a buyer.
I did drop a note to AXC ( to Karen I thought) suggesting they take a look ( boy do I hope they are already). Got an automated return note from a Julie Campbell that says she cannot reply because she is on vacation through September fourth.