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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.59+6.3%Jan 27 3:59 PM EST

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To: Gus who wrote (1334)1/20/1997 1:19:00 PM
From: Hal Campbell   of 3256
 
<<It is useful to remember that this is a company that is the subject of at least
2 academic studies that revolve around the "why technology leaders fail" theme
simply because it has failed repeatedly to translate its technology lead into mass
market success. Are things different this time?>>
Believe me Gus, I almost never forget. If I do, I just take a fond look at the Amiga computer in my attic. I have been relying heavily on my perceptions, over the last couple years, of AXC's focus, frugality, and direction. Perhaps a small company will be much easier to steer in a profitable direction. To my eyes, so far so good. And of course, as speculations go, I like companies that are actually making money in areas unrelated to those of maximum uncertainty and maximum potential profit. Something to fall back on. I'm just glad Ampex doesn't need FDA approval on KM.
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