Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: PaddyD who wrote (3673)	10/25/1998 7:47:00 PM
From: Ed Perry	Read Replies (1) \| Respond to of 17679

<< evaluation of a company called Box Hill Systems, BXH. >> Great catch and close parallels in revenue streams, potential earnings projections and desirable forward multiples. The irony is that Ampex Inc. is much further along in the software and in the integration at the back end (the most difficult part). Also, Ampex's customer base targets the much larger capitalized end user. Here Ampex's working capital needs are substantially more. IF, Ampex can pull it off, it would be ...... The small rally we are experiencing looks very healthy. For the first time since April 22, 98 has volume increase mirrored the move up in prices. There were intraday rallies where this was also true during September. All other increases in volume since April followed declines in prices (see the daily chart). Apart from a news event to explain this current movement, there often is the circumstance of the First rally just not believed by the majority. Why should they. This is what makes the First rally often "quiet". Even though one's perspective can be long term, watch closely. It can be very instructive. Ed Perry