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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.94+4.0%12:50 PM EST
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To: Chris Curran who wrote (2288)3/13/1997 1:15:00 PM
From: Chris Curran   of 3256
 
From 12/23 news:
>The agreement sets prices and other terms but does not oblige Maxtor to
>complete any disk drive program or to purchase any minimum quantity of
>keepered media disk platters.

From 10K:
>Maxtor has advised Ampex that it is developing a disk drive program
>incorporating keepered media, which Maxtor has indicated it expects to
>introduce in the later part of 1997.

Maybe I've missed something, but isn't this progress? From what I've seen/heard this is the first time Maxtor has publicly commited to KM...did I miss something here?
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