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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.10-3.9%Feb 11 3:59 PM EST
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To: Jason Wan who wrote (284)8/25/1996 12:50:00 AM
From: charles moore   of 3256
 
Jason:
I dont know what a normal trading day for AXC is so I dont
know if the trading Friday was relatively large or not?. I know they
had sued Mitshibisi for patent infringemnet on the VCRS Mitsibishi
is manufacturing. AXC did get a few contracts but that was in April
and June and should have been factored in the price.What would make
all the small investors want to buy AXC all of the sudden? Didnt
I hear on this thread that the CEO of AXC held about 45% of the
shares or was that another stock?

My gueass would be that it has some sort of expectation toward
an announcement on keeper technology and/or this Zenith thing.AXC
has many digital patents as I understand it and theu supposedly
have one of the best if not the best storage and access technology
for the huge amounts of space that will be needed for such things
as Video on Demand which will be one of the Items as the Digital
Technology and improvements in Cable continue. I was reading today
where Direct Satelite whic is a division of Hughes and is at least
two years in front of everyone else has lowered the cost of their
dish from $499.00 to $199.00. Seems like this will impact the
Industry to some extent.Just my opinion.

Charles
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