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.
CT's MODARÂ - 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 MODARÂ 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 MODARÂ, 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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All recent CT Press Releases can now be viewed at http://christiantraders.com/inthepress .
Disclaimer: Christian Traders Inc. is not a registered securities firm. CT is not a licensed securities broker or financial planner. Any information contained in this press release, at http://christiantraders.com , or on "Prosperity for God's People", is simply the opinion of this editor, CT, guests, columnists or members. Christian Traders does not accept cash, stock, warrants, or promises thereof, to select or profile any company. CT brings new meaning to the term - "Investor Relations". He actually works for you, the investor, broker, or fund manager.