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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.31-4.8%3:59 PM EST

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To: valuehunter who wrote (11118)9/17/1999 12:45:00 PM
From: don_lapre  Read Replies (1) of 17679
 
valuehunter -

Broadband viewing will be close to VHS quality. It is interesting how we have changed our tune to be more and more "generic" about our plans.

From January: Ampex Corporation, a pioneer in audio, digital video and digital image processing, has participated in the evolution of the Internet since the origins of the system in the 1980's. The Company is building a marketing-oriented organization to leverage its digital image technology and expertise internally and through selected strategic investments. The Company's goal is to develop integrated audio, video, and electronic commerce offerings for delivery over the world wide web. "By establishing an early market presence in broadband web applications," Mr. Bramson stated, "we are positioning ourselves to expand the range, content and quality of our offerings in line with future increases in the availability of high-speed Internet access."

From August: iNEXTV is also working with its parent company, digital video pioneer Ampex Corporation, on the development of enhanced video technology to be used by iNEXTV and its affiliates.

Hopefully Ed understood that by only pursuing broadband he was eliminating 95% of the market. IMO we will have three connection speeds, 28.8, 56, and 100k +.

The reason Ed started pusuing Internet video is because "This is exactly what our customers should be doing. When we looked we only found half a dozen companies doing it."

Also (paraphrased) "As a side benfit, we are forcing competition, which in turn will help sell more storage equipment."
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