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


To: killybegs who wrote (5599)2/17/1999 8:47:00 PM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
Oh no, Jubimer...not minimizing royalties in any way ....want every penny and they earned them ( probably have earned alot more than they have received). Healthy royalty streams are often undervalued in my opinion, and I was delighted to see the 26% pop in continuing royalties for the third quarter.
I was simply attempting to realistically highlight the actual performance of their manufacturing operation. For three years running it had shown a growing net profit ( 2 to 4 to I believe 7 cents).In the last 5 quarters or so ( would have to check) it has been in the red. Due primarily, I am sure, from the DCR sales decline. I will be more than happy to highlight it again when it returns to the black.Then perhaps it won't seem unfair to you, and it certainly will buttress the stock price and allow investors to focus on future potential with less fear. That's simply a fact of life.