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

To: Sal Davis who wrote (4042)	12/15/1998 2:28:00 PM
From: Hal Campbell	Read Replies (1) \| Respond to of 17679

<<It's not overly difficult to be up 12% when the base price is 15/16:-( >> Mentioning the obvious, Sal ...that can be an edge to from these levels. If things turn for the better. To reiterate an old post ... 2 year annualized per annum returns from 1.063 If AXC reaches 1.5 in 2 years -18.7% if 2 - 37% If 3 - 69.99% If 4 - 93.9% and so on. So we have a situation in which a successful turnaround would almost certainly lead to market beating returns. The trick, of course, is trying to determine if the turnaround will be successful. So lets all keep toting up those plusses and minuses. For one, how much will having the best ultra high end storage products available ( but also those with the greatest up front cost) be worth in the next couple of years?