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


To: Michael Olds who wrote (6719)4/1/1999 8:20:00 PM
From: Carl R.  Read Replies (1) | Respond to of 17679
 
Michael, were you planning on selling your AXC any time soon? My shares are not for sale today. Therefore I really don't care what the price ends at today, tomorrow or the next day, and a sixteenth one way or the other isn't going to matter. Sure, I'd like to see it go up, and sooner would be better than later, but remember, a fringe benefit to owning AXC is building character. <G>

Seriously, AXC will trade in a range for awhile until the weak hands are gone and something fires up some buying. When that happens, those that traded out to watch will jump back in, and it will take off again. We probably need a quarter that shows some good growth, and fleshes out the plans a bit more. The only other thing would be a buyout offer. <G>

Carl



To: Michael Olds who wrote (6719)4/1/1999 8:34:00 PM
From: Michael Olds  Respond to of 17679
 
Public Relations Problem.
Although it looks to me as though TVontheWeb is rising to the surface rapidly and will soon begin to receive the mention it is due, the problem is it is not a public company.

As such, publicity to the investing community is going to be a problem, or at least be restricted to those whose thinking is round-about.

There needs to be a connection made in the investing community's mind between Ampex and TVontheWeb. Something like: "Ampex's TVontheWeb..." This is a problem that we should all think about finding ways to overcome.

Outside of this, Ampex is going to have to create direct publicity for its Internet adventures before the company hits the investment community's radar. I see two ways this could happen. The first is that a company which is in the spotlight already makes a loud noise by investing in Ampex. The other is that Ampex must find a way to be the lead story in some project that involves the subsidiaries. "Ampex today announces a giant project involving its storage libraries, Web hosting facility and it's two streaming media subsidiaries..."

There are probably many ways this problem can be overcome, and I am in no way knowledgable about publicity, but I do think that this is a shareholder problem which deserves our attention. To wait for publicity for TVontheWeb and Aentv to raise to the point where it boosts the share price of Ampex is going to cost us valuable time. Ampex must somehow gain the spotlight for itself.