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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.98+3.4%Jan 28 3:59 PM EST

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To: DAVID C who wrote (781)12/3/1996 9:18:00 PM
From: Milt Best   of 3256
 
To All:
Did anyone notice the huge gains for disk drive component makers today!

QUICK TAKES: Hutchinson Technology's strength moved the shares of other disk drive industry component suppliers, including KOMAG (NASDAQ: KMAG), up $3 to $35 3/4; HMT TECHNOLOGY (NASDAQ: HMTT), up $7/8 to $18 5/8; STORMEDIA INC. (NASDAQ: STMD), up $7/8 to $ 14 3/4; READ-RITE (NASDAQ: RDRT), up $2 1/2 to $25 5/8; and INNOVEX (NASDAQ: INVX), up $3 1/4 to $41 1/2...

I think this demonstrates just how strong the disk drive market is! We may be in for a strong move in Ampex WHEN they announce the first KM contract.
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