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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 12.40-15.6%3:59 PM EST

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To: Stephen W. Leahy who wrote (3238)8/14/1998 2:37:00 PM
From: Sal Davis  Read Replies (1) of 17679
 
Absolutely Correct :-( nothing new, but how about this little buried tidbit:

Reduced expense levels (of R&D) are largely attributable to the Company's keepered media development program, which was substantially completed in 1997.

No more KM R&D needed because its ready; just need a buyer, but at the same time Ampex spent $2.9M on Micronet R&D. Is there a possibility that Ampex is working on a combined RAID/DST system for video that is incorporating KM??

Maybe I'm just grasping for straws, but in these dog-days of summer it beats watching the grass wilt.

Sal
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