Ampex Corp: Digital Storage Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ampex Corp: Digital Storage

AMPX 12.09

-10.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LJD who wrote (3101)	6/12/1997 9:52:00 AM
From: K.Martin	of 3256

Saw this on MF Board: Finally recieved my rcr june 4th edition today containing AXC review. Earnings cut for 97 & 98. Maxtor has notified AXC that it plans to switch to MR heads in late 97 designed by RDRT , scraping plans to introduce a keepered-inductive drive in late 97. Target price is now down to $10 from their $15 outlook 3 months ago. Looks like no revenues from KM until it is accepted for use in MR heads. If accepted I would think that the earliest they would see revenue is late 98. IMO this along with Bramsons sales are BIG negitives for the stock over the next 12 months.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next