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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.17-6.6%Jan 23 3:59 PM EST

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To: Rick Kunz who wrote (850)12/9/1996 5:58:00 AM
From: jonggua   of 3256
 
Can't figure out why the price isn't higher yet, or the ratings stronger, or more analysts following this. to me it's as plain as day. Nice growing current businesses overall in strategic markets
KM is a kid's slam dunk. 30-40% increase for "nominal cost", and fully patented to boot
numerous digital tv related patents
negotiations ongoing with AT LEAST 5 drive manufacturers, at least 2 of whom approached AXC wanting to buy KM
Just proven to work with MR in the lab
CEO just loaded up on borrowed shares, to near 20% of company
Disk drive industry going from 115M in 96 to 190M in 99
Many, many other patented goodies lining the shelves that are being dusted off.

Oh well, I guess the market is just being too kind to us, letting us load up some more before they wake up to their senses after the first contract, or multiple contracts, are signed. for my part, I can't see any reasonably worrisome holes to worry about in this seemingly airtight case for an exploding sales, eps, and resulting stock price. guess the market just has to see a contract to believe it, even tho they're in the throes of negotiations now. Go figure, and oh yeah, while you're at it, buy more from silly Mr. Market
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