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

To: Stephen W. Leahy who wrote (3540)	9/30/1998 4:22:00 PM
From: Hal Campbell	Read Replies (1) \| Respond to of 17679

<< * end of story * >> Perhaps for a long time. Another bad break ( or poor legal guidance). Folks personally I am holding for now....and perhaps I am reacting emotionally..... but, in one stockholders opinion, I don't see much here for quite a long time. I haven't a clue what, if anything, the broad applicability of their patent portfolio might be.They have not developed and sold a single new product beyond improvements in present lines in a very long time. Any marked DST growth seems a ways off. The Micronet acquisition has potential, but they bought a terribly troubled company. DCR seems under fire from solid state. And TV aftermarket revenues have more to fall on their way to zero. Their intent is to buy a web hosting company, but all the public ones are trading at very very high multiples( so the private ones aren't cheap either).Their share price hamstrings acquisition deals. And in the meantime that cash hoard is expensive to sit on. The only thing AXC has going for it right now for the medium term is the low price ...and it can always get lower. And also there may be some modest positive comparisons next year. Maybe. Again,I do wish they would seek a buyer....if they can find one. Perhaps tomorrow will seem a brighter day.....but for the last couple of years , the sun ( and the price) just refuses to rise on this stock. Good luck in your decision all.