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

To: Swamp Fox who wrote (4104)	12/18/1998 1:09:00 PM
From: Hal Campbell	Read Replies (1) \| Respond to of 17679

Welcome back, Charlie! Amen to your diversification advice. There are pains involved in " wishing you had bought more" ....but they are not quite like the pain of owning AXC these last few years. And Gus is sure right that averaging up brings better odds than averaging down . But that said...lol.......in my less than a decade investing " career" I am 4-0 thus far on averaging down ( Atec - pretty quick fairly recent trade, Spacehab, Cal Amp and Nichols Lab - both years ago - and AXC is now my fifth attempt.) Probably have just been lucky with the technique, but hope I get lucky again. Would have to get VERY lucky to make this opportunity cost all worthwhile. What an education AXC has been though. Largely thanks to the numerous wonderful posters on this board. Many small net stocks attempts are duds. And though the interest will likely last for decades, the mania will not. Have to bring something unique to plant when you tiptoe through the tulips. But AXC, potentially, would seem to have some exceptional seeds. So rolling the dice..... wouldn't back up a truck, but maybe a big wheel. ( for the inner child). Hope the last year of the century gives you trash talking rights among your buddies, Charlie.....due to good ol AXC ....

To: Swamp Fox who wrote (4104)	12/18/1998 4:54:00 PM
From: flickerful	Respond to of 17679

<<Accom makes and sells high-end digital video systems for the professional video market. The company offers software and other products to construct virtual sets (Elset). Accom also has a store of stills and clips (Axess) and makes disk recorders (WSD, RTD), editing systems (Axial 2020, Axial 3000, RAVE, and ShowCase), and signal processing devices. Producers use the equipment to make TV shows, commercials, news programs, music videos, and video games. The company sells its systems through its direct sales force and indirect distribution, with about 40% of sales to foreign clients. Accom video systems have won two Emmys and three International Teleproduction Society Monitor awards for Engineering Excellence.>> hoovers.com