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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.270-3.0%Dec 26 9:30 AM EST

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To: Jay Sullivan who wrote (2598)4/16/1997 4:51:00 AM
From: jonggua   of 3256
 
That's great! I suppose you should e-mail IR first just to clear it with them, who knows if Bramson will like it? Can't really see how they'd stop you tho. I sure would like to buy a copy if you can pull it off, and there are lots of questions I'd like to ask Bramson myself if I could be there, so I and others are probably going to be firing away with quite a few over the next month.

re: current market's hatred of small cap tech growth stocks...

From USA Today's $ section:
One area that has been particularly hard hit and produced potential blips on the investing radar screens is the tech sector. "You may think I'm crazy, but the tech stocks are really cheap. The sector has seen a 15% correction in a market that has gone back 10%... many tech stocks could easily go to new highs. Given teh growth dynamics of these companies, we believe the valuations were justified." Value Line Asset Management Investment Chief Phil Orlando.
David Alger, 6B in growth stock mutual funds, says "My advice is that if you're fully invested, hang on. If your'e not, start buying. There's lots of good stuff and values out there. Small cap growth stocks are as cheap as they've ever been."
small company stocks are out of favor...Nasdaq has swooned 13% since 1/13 high, average small co. fund has fallen 6.4% this year vs 1.6% for average general stock fund.

Just some comments from others who can "feel our pain".

Whew, what with all the new initiatives and possibilities with AXC, I'm almost losing track.
of course KM
but remember KM on floppies (presume means 3M's LS-120, Iomega, Syquest, others too as well as 1.44MB??)
KM on magnetic tape
AXC's unique 19MM tape design being looked at being licensed per 10K
new FC/toro head design possible

and others, but my tired brain won't work anymore. Good night.
One last word. More and more risk has been rung out of this stock just lately. KM drives coming out in only 5 months or so! 2 lawsuit wins, only 2 more to go. New DST products coming in full force this Q, and new software and a new tie in with Textronix. Things just looking more and more sure for a gangbuster last half of 97.
Zzzzzz
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