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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.740+10.8%Jan 2 9:30 AM EST

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To: Gus who wrote (2603)4/17/1997 2:23:00 PM
From: Wayne Umfleet   of 3256
 
Hi Gus,
Thanks for that post. I especially liked the part that said, "We believe that this technology can be extended to all magnetic recording systems to improve usable recording density and product performance." No wonder Ampex is planning to invest so heavily into Keepered Media in FY97!

There were some honest, somewhat discouraging remarks in Bramson's letter regarding DCT sales and bottom-line growth in FY97. But, I appreciate the honesty, and feel that these things are far over-shadowed by the outlook for the company's DST/DIS/DCR products, and the exciting possibilities in developing and commercializing new products.

I remain as optimistic as ever about the long-term success of this company!!

--Wayne--
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