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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.10-3.9%Feb 11 3:59 PM EST

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To: Michael Brian who wrote (194)7/22/1996 3:40:00 PM
From: Don MacNeil   of 3256
 
Can't contribute a thing...except to repeat an observation I made on another AXC thread 3 weeks ago (based on my being in broadcasting)...

...being that broadcasters are under so significant an earnings pressure that they HATE the idea of moving to digital technology, and will squeeze every last moment possible out of their analog stuff. AXC learned this the first time two years ago. IF there is any truth to the rumor, I can only guess that once again, AXC is forced to retrench because the world isn't ready (or willing) for all-digital yet.

I keep telling myself that, beyond our "keepered" hopes, when HDTV and all-digital finally is the order of the day, our guys at AXC will hopefully not have fallen behind from an R&D standpoint.
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