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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: Mary Beth Ford who wrote (2741)5/2/1997 2:50:00 AM
From: Hal Campbell   of 3256
 
Mary, their gambles are still in play so our's should be too. Hang in. The only really potentially bad news was the pretty dire decline in comparative sales warning.
KM-MR ...we already knew that combo would have to fly someday, and now we know that it does on the test bench. They still held out a possible inclusion of inductive KM in '97 drives other than Maxtor's ....which I had just about written off. That'd sure be nice. And they have targeted '98 inclusion of KM-MR , which if it works out for a whole year, would sure seem ahead of schedule to me. + we now know they are seeking an alliance for Km development with MR .....that could well be IBM.Another market share hungry corporation.Things could still work out very very well. Surely we all know there are risks.
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