SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Hal Campbell who wrote (3503)9/24/1998 3:50:00 PM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
WARNING>>>LOL>>>ANOTHER STOCK SCREEN

But this is interesting to me. Ran a screen of the, well over 11,000, equities on Power Investor. Criteria were. '97 net profit margin over 15% ( AXC's was 18). '97 net income over 12 million ( AXC made 14). Current share price under 1.25. '97 return on assets over 17% ( 18% for AXC) PE under 9. ( AXC's under 4 ) and current price to sales ratio under 70%.
The result of the screen...for what's its worth .....was one stock. Ampex.
There is tremendous valuation value here IF they can find ways to achieve growth. Tremendous. IF.
The Micronet boost to revenues, while a wonderfully positive development, will water down the margins that make that screen so remarkable to me. Growth in the royalty stream ( litigation) and/or DST and /or any high margin new products would help maintain those hefty margins ...and would be very heartening to all holders at this very low price.