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

To: RidgeRunner who wrote (7644)	4/20/1999 8:00:00 PM
From: Michael Olds	Respond to of 17679

May be I'm talking my position (again), but I don't think so. I bet we see Releases in the morning and that the stock responds properly. In fact responds better than Monday. Why? We had a thunder storm. It cleaned off all the dust. This is an old story with me, but I really recommend everyone on this board read H.S.Dent, The Boom Ahead. (Not his latest one, the Roaring 2000s -- he is a completely different person in the second book; in the first book he is really fresh and his idea shines.) Reading this book you cannot help but see the overwhelming logic of his position (not to mention the fact that it was first published long enough ago to see that he was dead on in his predictions). His position, in brief (for I am not unaware that it will be a rare one of you who goes out and gets the book and reads it), is that the stock market rises and falls in accordance with the birth rate adjusted for the peak in the American spending cycle (which is about 47). This means that the overwhelming power in back of this economy will not begin to deteriorate until about 2012. Allow for an anticipation of this by savvy investors of about 5 years plus or minus (I figure 2007), and you suddenly get a different perspective on the ups and downs of the market prior to this date: that is, they are not significant. So, for my original point. This is not the bubble bursting. The investors will be back, I say even by tomorrow as far as AXC is concerned. It was brought down by blind panic selling. Guilt by association. Nothing to do with merits. And the merits are too well known to be hidden when the sun is shining. PS: We are currently at a fairly proven support level at 5.125 and held there well. Unless there is some major setback out there somewhere, I don't think we will test support at 4.125. The one opportunity for a test of that low will occur in the morning if there are no releases out before the bell. Otherwise we're going up. I Say!

To: RidgeRunner who wrote (7644)	4/21/1999 12:23:00 AM
From: Dave Heibeck	Respond to of 17679

Careful... I don't think all the news is out yet! All my shares are here for the next five years. No trading for me, lesson learned! I'm recently retired and looking forward to my future. AXC will take good care of me. As a baby boomer, I have lived through the TV age, Space Age, The birth of the automotive age, the Hello good buddy, CB craze, Party lines and telephones with no wires. The Internet is the future for all communication, and TV on the net is our next cable. Buying AXC is a solid investment under these new conditions. Trading on Keepered Media was a hard lesson. AXC has been reborn, a holding company that shares "MY" vision of the future. Nice thing about getting old, I learned to trust my instinct long ago. Broadband is here and being deployed, what new speed will we have in five years? Cable, Satellite, copper wire...who will win...? Doesn't matter to our company. AXC will service them all with storage, content and a network of its own. Hype...Nope...My vision of the future! I don't think AXC will allow the VCR to slip through its fingers again!!! <BSG> Dave