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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.24+15.6%Feb 6 3:59 PM EST

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To: Wayne Umfleet who wrote (436)10/24/1996 2:17:00 AM
From: Rick Kunz   of 3256
 
They do seem to be killing us with silence and suspense. I concur with the poster who called them a "confident, forward-looking company" and (taking the AXC point of view for a minute), perhaps they are getting their ducks in a row before they make _any_ sort of promise that may not be delivered. Today's storage market is littered with the bodies of companies that fell victim, and with the momentum of the likes of WDC and others, I guess I have to grudgingly admit that I'd rather see them plug along and solidify a sales relationship before they go ballyhooing it. There's altogether too much hype about, and even coming from many of the other companies I follow, so perhaps this is a refreshing change.

Like someone said quite a while ago in this thread, though -- just because they've posted position requirements doesn't mean that they've hired anyone yet. So it looks like mgmt is playing close to the chest, and not apologizing for exercising due caution.

Please do post 10Q data when you see it.

Regards,

Rick
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