Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 13.15

+5.7%

Feb 2 3:59 PM EST

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To: Art Nunes who wrote (1733)	2/12/1997 12:05:00 PM
From: Hal Campbell	of 3256

...the 20% figure was mentioned to a caller by Karen, the IR rep. She is a conservative pro...most certainly not given to hype or misinformation.. and therefore has a high degree of credibility in my eyes.The 20% was a test bench number, and they are of course shooting for more. Another point that may slow down contracts. The drive makers all ease improvements in to their lines. They don't want to burn up all improvements in a quick burst, and so there is no hurry for them to incorporate KM...plenty of time to negotiate. It took a hungry drive maker in a hurry to take the first bite. Others will follow, but I'm afraid it will take time. We have a growth stock just beginning to grow on our hands. Its worth alot more than 8 bucks a share. Gotta reiterate the old saw, patience.

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