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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.710-3.8%Dec 23 3:59 PM EST

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To: D.J.Toal who wrote (3097)6/11/1997 8:29:00 PM
From: jas singh MD   of 3256
 
Allright guys, lets all take a deep breath and cool off. With all due respect, we do not know if there are infact non-disclosure clauses that are keeping Ampex from releasing any significant news regarding Keepering developements. Having said this, the PR department could be more aggressive in highlighting the accomplishments of the company. Obviously, this would bring more attention to our company which may then result in better shareholder value. At 50 cents eps for 1997, the stock is trading well below the average multiple. This for a company that has an eps for 98 estimated to be at least 80 cents(Zachs) is not acceptable. (the 98 eps will obviously be different if keepering market penetration takes off-which makes the current price even more depressing)
Member of the same club Mary Beth Ford belongs to and still VERY LONG!

Sincerely,

Jas

PS Lisa, did your broker give you any further details regarding his conversation with Karen?
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