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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.44-8.4%Jan 30 9:30 AM EST

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To: DrGamble who wrote (657)11/22/1996 12:12:00 AM
From: Ted Sasscer   of 3256
 
From Motley Fool Evening News:

AMPEX CORPORATION (AMEX: AXC) blasted ahead $2 5/8 to $9 3/4 hoping for a deal
to be made involving the company's keepered media technology. With the odyssey the disk drive
industry has been through with magneto resistive (MR) technology, investors know how short and
sharp product cycles can be and try to calculate the returns that might accrue to them if that deal
does happen. This is especially true at Ampex, which has been one of those storied firms that has
invented everything under the sun, but has failed to make much, if anything, on its intellectual
property in the last fifteen years.

Cheers,
Ted
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