Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 9.475

+2.5%

Jan 9 9:30 AM EST

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To: Pat Hughes who wrote (2608)	4/17/1997 1:41:00 AM
From: Bruce Bacon	of 3256

Just did a quick read through of the Chairmans letter and came away feeling like it might have been written with those of us on this thread in mind. He did touch on a number of issues that have been the subjects of posts over the last couple months, and the style seemed more personal then we usually see from Ampex. Just my impression, but I liked the tone and found it a bit refreshing. The comments about earnings, KM and R&D, taken together, seemed to suggest that at this point they are as commited to KM as ever and are planning to really pull out the stops this year to get it accepted. There was also a good deal of straight talk about the current products and some generalized teasers about potential for future products that are perhaps as exciting as KM. Just a few general impressions. Bruce

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