Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 13.58

+13.3%

3:59 PM EST

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To: Gus who wrote (759)	11/30/1996 8:58:00 PM
From: Hal Campbell	of 3256

Gus and Steve. Thanks again. My personal take. The MR news is promising, and has the potential of enormously increasing the possible breadth and duration of KM tech ...and I would really stress the words " promising, potential, and possible" Please. No one should forget the risks in the tech world. My favorite phrase in the document by far is: <<Ampex has also been approached recently by certain other hard disk drive manufacturers with which it did not initiate contact.>> I love that bit of news! My opinion is that some sort of cash flow positive KM contracts will be finalized before the end of the first quarter in '97. One followed by others. I consider that highly probable. Beyond that? That will just be another aspect of AXC's potential. Could be good in the next few years. It could be great. But I sure think, whatever it is, it will eventually make this stock worth much more than $10 a share. Good luck to us all. I'm all talked out on Ampex( are those muffled cheers I here?), but my 22,000 shares are signed on for the ride. ( For me anyway, that is a very large position. I believe in this company)

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