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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.44-8.4%3:59 PM EST

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To: jonggua who wrote (1302)1/19/1997 2:49:00 PM
From: Rick Kunz   of 3256
 
Thanks for the detailed post. Appreciate the work that went into cut & pasting it here. Sometimes, a text browser like Lynx and an old-style comm program that allows ASCII uploads is a good way to send in a long textfile like that, you could try that if you have the program(s) available.

I think the best thing for me is to stop worrying about the day-to-day fluctuations; ultimately it won't make a damn but of difference what I think the market should do, but it's good to keep things on the table here. One point is that people say MXTR has a small market share, but those things change all the time; I can remember when Shugart had one helluva market share on disk drives, but where are they now? (Maybe Al Shugart's still around, but not the company.) If Maxtor/Hyundai build the better mousetrap, maybe the others will have to scramble to catch up, or maybe there'll be more consolidation. I can't dispute the potential EPS you pose for the future, though! I'm holdin' in there (but not mortgaging things to buy more ... little too conservative for that!)

Rick
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