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


To: Ed Perry who wrote (5053)1/31/1999 2:55:00 PM
From: Michael Olds  Respond to of 17679
 
Hear Here!



To: Ed Perry who wrote (5053)1/31/1999 3:32:00 PM
From: WTSherman  Read Replies (1) | Respond to of 17679
 
Otherwise, we will ALL be forced into a short term trading mind set and have to settle for much less than optimal profits

Ed, your points are very valid and just touch on the dramatically changed circumstances that long time AXC investors(I do use that term with a grin) have to face. Many of us spent the past two or three years trying to come up with valuation models for AXC operations, patents, technologies, etc. In a matter of a couple of weeks this is all out the window. AXC is quickly becoming seen as an internet stock(for better or worse) and valuation is rapidly becoming impossible to calculate and, probably, increasingly insignificant. Now perception and P.R. will dictate share price.

I agree with you that the best long term gains will be made if there is a solid basis for growth and there is not the absurd volatility associated with so many INUT stocks. But, I doubt this is what will occur...



To: Ed Perry who wrote (5053)2/1/1999 2:20:00 AM
From: Carl R.  Respond to of 17679
 
Ed, once again I agree with your technical analysis. I also would like to see a period of consolidation before another move up. My preference would be to see this consolidation take place in the 5-6 region, but the 4-5 region will also do.

Carl