Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 12.44

-8.4%

Jan 30 9:30 AM EST

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To: Hal Campbell who wrote (742)	11/29/1996 8:26:00 AM
From: jonggua	of 3256

Fantastic news from the poster who reported on AXC's new share reg. filing! As I read it, he made the following claims they reported? - AXC is CURRENTLY negotiating with SEVERAL manufacturers - A # (more than 2 I assume that means)of OEM's have indicated interest in KM, sounds like they're pursuing ampex? - KM & MR demonstrated successfully with measurable improvement!! Looking like it could be a go very soon, instead of the "several years, if at all" written about in previous 10Q's! - even tho they have many OEM's wanting KM, AXC is holding off signing anything, hoping they can also sign up MR (that means IBM and Seagate at least I'd venture) OEM's at the same time! Also, thanks to the poster who responded to my query re: competition from DVD. Glad to hear it's not in the picture for some years at least. Looking forward to seeing this SEC reg document myself, hopefully today.

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