Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.90

-2.4%

3:59 PM EST

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To: Glenn Perry who wrote (1160)	11/6/1997 11:51:00 AM
From: Hal Campbell	Read Replies (2) of 17679

Glen, I agree. Jubimer certainly makes some nice valuation points - and at this price - after a year of nonstop disappointments ....I think most of the inevitable surprises with AXC should be pleasant. With all the talk of rapid KM obsolescence, it is interesting that even if KM revenues do not come quickly ( that drive maker testing inductive samples and Maxtor) and even if they scale back somewhat on KM R&D, they will continue. As long as magnetic recording survives - KM will have something incremental to offer. And that should still be quite awhile - many years. Boy...to me....the new DST sounds like an excellent move. Drop the price and size.....upwardly scalable like all get out. Sounds like an attempt at a rapid adjustment to present market conditions without sacrificing the future of their Extreme Heavy Metal.

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