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Technology Stocks : Ampex Corp: Digital Storage
AMPX 10.90-2.4%3:59 PM EST

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To: Gus who wrote (1674)2/5/1997 5:37:00 PM
From: jonggua   of 3256
 
This is the stuff to make momentum players go bonkers, as well as the price! Many pieces of the eps puzzle are being filled in, also AXC is getting wider and wider press, with much more to come as the year progresses. These estimates are going to start getting some attention. Just wait till another KM order comes in and all these estimates are revised substantially upward! Remember that there are mostly BIG disk drive makers yet, smallest major one is IBM with 10% share. Redchip is highlighted in WORTH magazine in a 2 page article. Haven't read all yet but will post more when I do. Unfortunately, no mention of AXC, but plenty of mention how it has 10,000 subscribers and how it found Iomega and how many mutual fund managers are starting to use it in their stock selection! More fund buying for AXC can't be far away when they're talking about it as glowingly as they have been in Redchip. The future is bright! The present is dismal :-(

BTW, I've got some second hand contacts at a MAJOR disk drive maker doing some rooting around about KM.Don't know when or if I'll hear anything, but if I can w/o the SEC taking my millions of (future) profits away I will relay info if I hear anything.
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