Christian Traders Raises Expectations for Ampex Corp
Ampex Corp's recent performance runs parallel to the phenomenal success of CT's recent release of its proprietary real-time alert service - MODAR™
Phoenix, AZ (PRWEB) April 12, 2005 -- Christian Traders - http://christiantraders.com, the internet's fastest growing
faith-based online investment community, has raised their expectations for Ampex
Corp - AEXCA to reflect a new price target in the $100 per share
range.
In one of their best calls ever, CT is on record for suggesting
this issue could reach upwards of $75 per share when members were first alerted
at $7.35. It has since soared to highs in excess of $50 in less than 2 months.
CT feels it is time to re-iterate this issue, principally because the
fundamentals are getting increasingly bullish, the enterprise value is around
$217m or $70 per share versus a $142m market cap and the most stunning statistic
of all: a PE Ratio of 2.96. Based on presentations made last week, estimated
revenues in future years could be some $275 Million.
According to recent
statements from Ampex Corp, AEXCA Camera-equipped cell phones will provide a
major opportunity for future licenses. "They notified the makers of camera
phones at the end of last year, and are starting discussions with them this
year."
While Ampex has come under fire for its aggressive pursuit of
royalties, there's no question its patents have become a gold mine. One patent
covers the display of compressed digital images, individually or in a group of
up to 16. Nearly every digital camera, and many other devices, let people view
such thumbnails to help them navigate through a series of images quickly.
Royalties from that broad patent helped Ampex turn a profit of $47.1 million in
2004 on revenues of $101.5 million, according to its preliminary financials,
after losing money the five previous years. Ampex states they own 600 additional
patents, whose royalties could become very substantial in the near
future.
MODAR™
CT's MODAR™ - Momentum Radar Real Time Alert Service, (
http://christiantraders.com/modar ) has performed beyond its
creators greatest expectations. During its first few weeks of Beta testing
operations, this system has given members the potential to make money at a
faster rate than CT's premier contributor, who has a past record breaking
performance of turning $3,062 into $370,000 in just 51 trading days.
You
may recall the newsletter hint that a combination of equity performance along
with the ongoing real time futures performance of 3,000% plus, over the past 9
months, could well expect to average $1,000 to $2,000 per day conservatively.
This writer is gaining confidence based on the past 2 weeks and especially the
last 6 days that their ability to increase performance to as much as $10,000 to
$20,000 per day is very realistic in my opinion. My reasoning is based on the
beta-test stocks alone which are currently averaging $15,000 per day for the
past 6 days. To review all current calls made in real time - http://christiantraders.com/modar/modarrecap.html
.
Past performance can never be used as an indicator of future results.
However, along with the CEO of Christian Traders, I am far more confident today,
than even a week ago.
As mentioned in the last company press release, (
http://christiantraders.com/inthepress ) the MODAR™ software
is fully compatible with all instant messaging systems. However, positive
feeedback from members is proving that Yahoo Instant Messenger is by far the
most reliable and stable platform for the timely and efficient receipt of real
time alerts. CT management is currently in discussions with Yahoo regarding a
strategic relationship which will result in the use of Yahoo Instant Messenger
as the exclusive method of delivery for future "real-time" alerts.
Win A
Scooter!
To celebrate the successful launch of MODAR™, and to thank all
members who have participated in the beta-test, CT is giving away a brand new
Vesuvia. No purchase is required to win. Visit - http://christiantraders.com/sweepstakes for complete details,
and your chance to be the grand prize winner.
A.G. Media
Group
Management from AMGJ, CT's Top Pick for 2005, are in Nashville this
week attending the Gospel Music Association convention. A.G. Media recently
announced the signing of an agreement with the GMA. The agreement will give A.G.
Media marketing access to the 4,200 core trade professionals currently
responsible for nearly $1 Billion in commerce within the Christian music
industry. The Company will also receive direct affiliation with the GMA's
nationally syndicated awards show, the GMA Music Awards(tm); GMA Week
conference; GMA Music in the Rockies summit; GMA Academy; specialty
publications, GMA Music Industry Networking Guide and GMAIL; as well as ongoing
advocacy and public relations efforts. A.G. Media will provide GMA with
specialized promotion and placement and co-branding within the GospelCity.com
web property and other GospelCity initiatives to market the GMA to the Urban
Christian audience.
Capturing a large share of the Urban Christian
audience, the GospelCity web property has quickly become a major brand and
currently ranks as the 8th most trafficked global Christian web property
according to ChristianTop1000, an independent web audience measurement services
for Christian content web sites.
``Through the GospelCity web destination
and brand, A.G. Media has clearly established a leading position in marketing to
the Urban Christian consumer,'' stated John Styll, GMA President. ``A.G. Media
will be key in helping the GMA to more effectively reach this in demand
market,'' he added.
``We believe this partnership with the GMA will play
an important role in A.G. Media's expansion and growth initiatives, allowing the
company to reach an additional market sector representing over 50% of the
Christian music trade space,'' stated Richard Picart, A.G. Media's
COO.
Added A.G. Media President, Pierre Redding, ``We view this
partnership as a win-win for both the GMA and A.G. Media in our mutual efforts
and overall goal to drive even greater revenue for the Christian industry
through a more unified approach to marketing to the entire Christian
market.''
An in-depth profile of A.G. Media Group is available at http://christiantraders.com/amgj .
Continuing
Investigation -
The CT research team continues to follow the ongoing
investigation by the SEC into CMKM Diamonds Inc.(CMKX) For all the latest
developments, visit the online forum at http://christiantraders.com .
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Source : http://www.prweb.com/releases/2005/4/prweb228090.htm