Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 10.96

+0.8%

11:58 AM EST

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To: jonggua who wrote (2291)	3/13/1997 12:10:00 PM
From: K.Martin	of 3256

James, I wish I could maintain your optimism. Based on what I read in Gus's post from the 10K we know little more than yesterday. No mention of completion of the preamp, no progress report on Maxtor, basically nothing. The fact that they have not completed the new preamp really makes me question the abiliy of Maxtor to man. KM drives later this year. This 10K was very disapionting. Either Bramson is saying nothing so the stock price will go down so that he can buy more cheeply or AXC and KM have problems. If no announcement is made in the next couple months detailing completion of the preamp then I believe that KM may be DOA.

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