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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (19597)1/26/1999 12:38:00 PM
From: Ken Holbert, Jr.  Read Replies (1) | Respond to of 70964
 
Clint

I am mostly a lurker but have posted some on the board. I find a lot of good information here. My Question is on a stock called AMPEX, AXC, it was posted on this board a few years ago. Since then the stock has gone from $10 to less than $1 per share. However, recently it has made some strategic investments in companies to provide Web TV higher bandwidth services on the internet. The stock has recently gone from 1 to 3 1/2. Ampex only has a PE of 9. Anyway I still have 9 per share cost in the stock and thought you may have some insight. Since your bullish on the market in general maybe the small caps are due for a rise.

Thanks,

Ken H