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


To: Michael Olds who wrote (6064)3/5/1999 10:07:00 PM
From: Swamp Fox  Read Replies (1) | Respond to of 17679
 
What did "Cousin Eddie" (our fellow share holder) promise ?

ampex.com

"It is not realistic to think that our growth plans can produce instant positive results, but our firm intention is to build the value of Ampex at a rate that will offer * superior returns * to shareholders."

yea, yea, yea, blah, blah, blah,

However..."Cousin Eddie" never lies...

I postulate just 2 of many ideas for our (his) "superior returns"...

1. we need bandwidth and its on the way...

cnnfn.com

March 5, 1999: 6:26 p.m. ET

NEW YORK (CNNfn) - Portfolio manager Nuveen & Co. thinks bandwidth is the next hot frontier in Internet investing. The Chicago company recently launched what it says is the first 'bandwidth' portfolio of 25 stocks that provides services and technology for high-speed information networks.

Remember, testing ground for our fiber will be Island of Malta via our European expansion of TVontheWeb...(After the Banana trade war)

2. We need stock price to take HOSTAGES and just one way to get it...

Should Jubimer's "shitty video vs. AMPEX Brand" for banner ads prove correct...this company valuation...

Company Name: DoubleClick Inc
Address: 41 Madison Ave.
New York, NY 10010

S&P Industry: Svcs.Advertising

Description of Business Provides comprehensive Internet advertising solutions for advertisers and Web publishers. It offers three distinct Internet advertising solutions, the DoubleClick Internet advertising network, an Internet advertising management solution for Web publishers and a service for direct marketers.

Share Information
Market Capitalization (Mil): $ 2,290.45
Current Outstanding Shares (000's): 19,127
Number of Institutional Shareholders: 79
Shares Held By Institutions (000's): 3,203
Percent Shares Held By Institutions: 17%

BAM, your video medic kit idea...so cool...I can see the Red Cross, white background, arriving in some webmaster's e-mail for free...just pay the e-shipping of $99.95...(lol)...and thanks for the "we make a market" definition...gonna use it when we decrease inventory at $20...<G>

My buddy made thousands $$$ in LEAPS today...WAL-MART no less, held them for less than 7 days...Blue Chip is Blue Chip and Blue Chip is leading, just for today...best of luck ol' buddy...can't wait for my trashing rights with AXC...<G>

Was that you Mikie O trying to 'skooch the pooch' at 2 5/8ths at the close?...<lol>...imagine the psyco pain all weekend for some people if the MM's (SOB) made the trade happened...500 shares at 2 5/8ths...talk about jinx...

Have a nice weekend <G>

Swamp Fox Charlie




To: Michael Olds who wrote (6064)3/6/1999 2:02:00 AM
From: B. A. Marlow  Read Replies (2) | Respond to of 17679
 
Thoughtful post, Michael. I'll offer a "tweak."

On the basis of TA and "fundamentals," nobody can really argue with your take. It's very matter-of-fact and surgically precise. It's also well, discouraging, so we shall have to do better. Therefore, some good news: A simple "hook" that can, with the click of a mouse, change this dynamic and flip it on its ear. It is...the press release.

What we need to announce are some strategic relationships with the Big Boys: AOL, AMZN, ATHM/XCIT, CBS/MKTW/SPLN, DIS/SEEK, MSFT, NBC/CNET/Snap!, USAI/TMCS/LCOS and YHOO. If we can get this act together, we will start to show up on the radar of opinion leaders and the media. We will get our story on CNBC. Wall Street will start to notice and the stock price will move. (And, once started, if AXC can keep momentum going, a great deal of noise can be made.)

I haven't heard it expressed this way before, so I'll make an out-of-the-box call. Let's say there are now 50mm AXC shares outstanding at a closing price of $2.75. That's total market capitalization of just $137.5mm.

On the day BCST went public last July, it had about 17.1mm shares outstanding at an IPO price (for 2.875mm shares) of $18.00. That's total market capitalization of $307.8mm.

So, for AXC to reach the same capitalization that BCST achieved (for just an instant!) on its first day as a public company would only require a stock price about 2.24X AXC's closing price on 03/05/98. This is a very modest $6.1875 (and yet, a price that AXC has not seen in recent memory). Incidentally, BCST's current market capitalization is over $3B.

Now, I'm not advocating strategic relationships or press releases or any other parlor games as vehicles for hyping the stock. That would be an insult to the legacy of Alexander Poniatoff and really, to all of us. But AXC can afford neither shrinking violets nor strategic oversights. These are critical business initiatives that cannot wait. And frankly, reaching this level of market capitalization is a trivial byproduct of doing what's right. If we're gonna be in the Net media business, we had better know how to spell...b-u-z-z!

I'm hoping what we'll soon be debating is how to get to $12.375...

BAM



To: Michael Olds who wrote (6064)3/6/1999 10:35:00 AM
From: stan s.  Read Replies (2) | Respond to of 17679
 
Michael, "bottom" is probably too strong a word here. There is support in the 2 1/2, 2 5/8 area and indeed the daily chart is showing hints of possibly recovery. A couple of very early momentum buy signals have appeared (CCI and Williams%R at relatively standard deviations) Too early to count on but promising in the very short term.

Friday's close showed a pattern very near that of a Bullish Harami cross, indicating a possible short term reversal as well. (7,8 almost applicable)
why.net

Problem is, the weekly chart is in the middle of a deterioration cycle and has some weakness left it should (could) shake out so even a pop early this week could be short lived. We'll see.

A failure to remain above support (on a closing basis) and AXC could test (close) 2.00 (the "gap from" prior to the 2 5/8) support there is weak support at 1.93.

News and perception of such remains the overriding factor here so none of this should diminish enthusiasm. At best all TA can do here is suggest possible scenarios and help allay fears not create them.

Good luck,

Stan