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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.44-8.4%3:59 PM EST

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To: Gus who wrote (752)11/30/1996 3:24:00 PM
From: jonggua   of 3256
 
Good grief! what next?

"Ampex disclosed that it also invented air, water and radio and tv waves, but somehow managed to lose money on the technology while others (God primarily) made out like bandits."

At least Bramson sounds like he's not going to give away high technology or let it gather dust like just about everything else Ampex has ever made. Very encouraging info from S3 re: new company focus, sounds like KM is just the first of many patented inventions AXC is going to try to do more than collect royalties. The future sounds more and more unlimited.

Just wait until some momentum newsletter investor starts touting this- tho Carlton Lutts is in trouble for touting Presstek and shady dealings beforehand???

On another thread in SI, there was a good post re: analyst reviews.

At the bottom of the food chain is newsletter publishers,
then specialty shops and regional brokerages,
and then you hit the big one: Merrill or Morgan!

think it's within 12 months and we'll be hearing AXC as it moves up the food chain, and it's price starts resembling Mt Fuji (Hey, maybe they invented that too!)
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