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: flickerful who wrote (3781)	11/9/1998 8:46:00 PM
From: WTSherman	Read Replies (1) \| Respond to of 17679

I haven't been a regular contributor to this thread for a while, but, have continued to hold my pathetic AXC. Bought in about 3 years ago at 3 or so and watched it eventually get to 12, sold some and started buying when it got below 4 again. Like a few others I'm tempted to hold on until the bitter end, but, logic tells me that the game is over for Ed & Co. The only cards they seem to have left in their hand are in market sectors that are going to be played by some very big and very rich companies, as we go forward. AXC simply doesn't have the money or the staying power to be competitive, the long run. If you look at their current R&D expenditures you will realize that there just isn't any way for them to compete... I haven't sold, yet, of course. But, with tax season approaching its hard not to take an obvious loss.