Yeah Hugh. More than a little dated. More than a little cursory. But this is just revisiting a 9 month debate between Doc Jimbo and many on the AXC board. In the long run of course, jaundiced Motley statements make little or no difference. It's how Ampex does. Apologies to this board, but I am going to repost here a post from Motley. If anyone would like to tackle this task, I for one would be really grateful.Thanks. "If any wonderful, energetic person out there would be willing to gift this board with a random sampling of multi terabyte storage devices from competitive companies - complete with size, initial cost, and random( not linear) access speed figures - we would all perhaps have a better idea of AXC's chances of growing sales in this arena.In the past they have not intended to compete directly for ground previously dominated by RAIDs. Now I think they will attempt to do that in part ( though that is hardly their only market).My distinct, but only partially educated, impression as of now is that the 810 will fill a unique niche for perhaps the next couple of years. With size and cost its big edge in terabyte territory + for all of a small cap's uncertainties and disadvantages, they also have advantages. Growing from 95 million in revenues is much easier, percentage wise, than growing from a couple billion.And it is growth percentage that moves the price of a growth stock. I think that by the end of '98, or perhaps much sooner, AXC will be perceived as a growth stock.
As for Motley's opinion, personally I would be happy to acknowledge the risks ... there are always risks ... if they would at least open their minds to the potential." |
