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

To: Ed Perry who wrote (4817)	1/27/1999 11:36:00 AM
From: Texas77	Respond to of 17679

A lot of houses can't buy a stock under $5 - so once we get to that magic mark we should also pick up that support.

To: Ed Perry who wrote (4817)	1/27/1999 12:26:00 PM
From: df	Respond to of 17679

FYI..... www.earningswhispers.com says earnings report will be out 2/10.

To: Ed Perry who wrote (4817)	1/27/1999 1:01:00 PM
From: Gus	Read Replies (1) \| Respond to of 17679

Ah, just couldn't resist the quiet confidence of a fellow stockholder who has done his homework over the years, through the withering price decline, and understands that the last two annoucements have effectively transformed Ampex from being a commodity storage and video hardware vendor into a major player in the knowledge game -- the business of selling hope where global demand always exceeds supply. Just picture the gross margin models of a company in the distance learning biz, the telemedicine biz, the gaming biz, etc layered over the storage, web host and narrowcasting "underpinning" or backbone businesses. Assuming a minimum amount of management competence, the numbers will eventually sort themselves out and create a steady stream of values for its shareholders ala Safeguard Scientifics and Thermo Electron so -- and this is obviously not addressed at you, Ed P. -- why sweat it? Or the daily zigs and zags for the matter. If you have read Bramson's shareholder letters over the years, it is clear that he always had the vision thing down to near perfection. But, as he himself acknowledged during one of the annual meetings, his timing has sucked big time starting with the aborted and heavily leveraged transition to HDTV in the late eighties and the early nineties. All he really had to do was to start putting his persistent vision into action for his shareholders to see on a daily basis. Look at the price now. The 10,000 internet trading maniacs will come and go, but, to borrow a metaphor from MBAPHD2 at Yahoo, the pinning layer of shareholders will remain (you know who we are). There is an opportunity for Ampex to keep on expanding this pinning layer by providing regular road maps instead of the vacuum of the last two years that has turned some of us into internet detectives treated to some dang striptease of domain names every now and then. The general idea is to expand the pinning layer of shareholders with no price targets so as to create a more stable currency (stock) that our minimum wage CEO with the souped-up Bentley can use to outrace everybody down the info superhighway. Win win. Back to lurking mode.

To: Ed Perry who wrote (4817)	1/27/1999 1:18:00 PM
From: TheBusDriver	Respond to of 17679

CORRECT!! and we all know where cisco is trading! I have followed CSCO for the last few years. bought at $15 sold and $35 and told my broker "that is about as high as I think it will go" <grin> Think I might hold onto AXC for awhile longer. These guys even make money(profits)!! wayne

To: Ed Perry who wrote (4817)	1/28/1999 1:02:00 PM
From: Carol M. Morse	Read Replies (1) \| Respond to of 17679

Thanks for reminding me why I bought this stock (because of it's excellent technology). I do believe in the fundamentals, and now the new vision of this company, but I'm still afraid that the stock price could get hammered (as any tech stock could) by the MM's, the speculators, and "miss-statements" by analysts (see Wind River Systems). Just throwing out some cautionary signals because the ride is going to get bumpy and could punish us one minute and reward us the next. Also, what happens if they do some kind of IPO? Are we given a piece of the IPO stock because we own AXC, or do we have to line up after the institutional investors and try to buy after the IPO stock starts trading? I have not had much success with the latter. Thanks again for all the excellent information. I've gotten behind my reading here...had over 125 messages to read in two days! Still adjusting to making money on AXC... Lurksalot...CMM