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

To: Hal Campbell who wrote (4439)	1/12/1999 9:35:00 PM
From: Scott H. Davis	Respond to of 17679

Hal, Gus & All. I lost contact a was ago during an extended trip, then the shere volume of catch up was something I never addressed. I decided I'd just forget about AXC, with all the potential, something was bound to click eventually. I'm very aware of the big 99 runnup, but have not seen enough news to account for it, even with tax loss repurchases and market gains. I know some will hate this, but are there some key posts or links I could review to catch back up? I've been an AXC long since 95, and was a regular participant on this thread and it's predisessor. I beg your indulgance. Respectfully, Scott

To: Hal Campbell who wrote (4439)	1/12/1999 9:40:00 PM
From: hookjock	Read Replies (2) \| Respond to of 17679

Hal I am truely amazed at your ability to look at the bright side of things. I'm trying to be pragmatic about this whole thing but for the life of me I can not figure out if Bramson has any clear vision on where he wants to lead the company. To borrow money just because you can is not a good reason. And clearly there was no immediate need to borrow the funds unless he needed it to fund operations for a qtr. or two. That is a scary thought. If he did not need the money for operations then clearly he made a miscalculation on his ability to find strategic acqisitions in a timely manner. Either way he has not restored my faith in his ability to grow the company and lead it back to prosperity. Surely he has done a great job with cutting costs and maintaing profitability thru the LONG decline in revenue but that is not what captains of industry are remembered for. It all comes down to growth. And on that score he rates very low in my book.