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

To: killybegs who wrote (3945)	12/4/1998 6:17:00 PM
From: Hal Campbell	Read Replies (1) \| Respond to of 17679

Sorry Jubimer. Misunderstood. Had tried to watch the video stream - no go .... guess I would have to download the Real Network player. Another time. Valuations. Was looking at Monsanto ( super aspirin development ) for a friend. Powerful interesting diverse company, but a stock in the low 40s ( down from a 52 week high of 63). But at 43 the PE is still 75. By average historical pe s and price to sales and book etc valuations the stock would be selling at around 10 to 20.Now due to takeover fever in the sectors involved it may well go up from here....but these valuations! mymymy.I'd gladly take a PE of 75 for AXC here. Point is, while AXC is down for good reasons ( failed hopes all around and withering revenue declines ) IF things begin to turn we can get a very very nice pop from here.