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


To: Michael Olds who wrote (6581)3/26/1999 8:11:00 PM
From: hookjock  Read Replies (1) | Respond to of 17679
 
Well no surprises in the 10-K. I don't know why but I was hoping for more information. Something that would have given me a better feel for where they are headed and how long it's going to take to get there.

Seems there is more of the same for us in the future. Earnings will be non-existant in the near term and possibly longer term.

Sales are a real concern. Now that they have cut the meat out of the Micronet line(low end products) to focus on the high end products I'm afraid they have once again priced themselves out of a sizable market of people looking for good lower priced products.

I don't know but I see little good news in the 10-K. Only the realization that this will take considerable time till we see if this company can ever find it's way back to prosperity.



To: Michael Olds who wrote (6581)3/26/1999 10:06:00 PM
From: Carl R.  Respond to of 17679
 
This baby is going to fly or crash, it is not going to glide gently into prosperity.

Well said Michael, but as extreme as it sounds, it is actually it is an understatement. <g>

Carl



To: Michael Olds who wrote (6581)3/27/1999 8:42:00 AM
From: Jill  Read Replies (4) | Respond to of 17679
 
Don't you sometimes wonder if it's coming down to a true clash of cultures--some companies die not bcause they couldn't change but because they won't...it would be like eviscerating them (or so they feel--), so you put on a little new window dressing a la TV on the Web but that doesn't change the core of how they see themselves and how they HAVE seen themselves for so many years--reminds me of baseball team that can't get out of a rut and it's self perpetuating--as BAM pointed out probably not on this thread but on RNWK thread, it took RNWK a long time to shift itself (as it's slowly beginning to do now) from a software company to more of a portal--it began as software, it couldn't think of itself differently--finally it's starting to.

It's sad, isn't it? Technology notwithstanding, in this revolution attitude, vision and moxie seem to be what count.

Don't know what I'm so philosophical this a.m.!
Jill