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


To: WTSherman who wrote (4828)1/27/1999 1:44:00 PM
From: TheBusDriver  Read Replies (1) | Respond to of 17679
 
Nice article....Ampex is starting to get noticed. $6 bucks sounds pretty good to me.

wayne



To: WTSherman who wrote (4828)1/27/1999 2:22:00 PM
From: bob zagorin  Read Replies (1) | Respond to of 17679
 
we meet again WT. i had made some money on AXC a couple years ago and took a small position a couple days ago. i'm going to let it run. i can see your consistent modus operandi WT, you like undervalued companies with lots of cash.

btw, i'm back in INFM today. my tech program shows the selling has turned significantly to buying after the Q report. i like their e-commerce products.



To: WTSherman who wrote (4828)1/27/1999 2:59:00 PM
From: Sal Davis  Read Replies (1) | Respond to of 17679
 
The last piece of the internet stock puzzle:

It is indicative of this market, however, that Ampex should begin to soar as it announces moves that will likely make it unprofitable. We expect Ampex to announce a slightly profitable Q4 ($0.02 to $0.04 per share), but this will probably be its last profit for a while. The company will have to invest to develop its strategy further.

BIG LOSSES:-) Now that should attract some attention from the part of internet mavens.

Overall, a very nice piece by II, but I did notice that had to get a little shot in at the end about Ampex not following through on past potential. Maybe sour grapes on II's part since you could easily surmise that they were one the the first touts of KM even when Ampex was downplaying it.

Anyway to the folks at II: "Welcome back on the band wagon".