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 12.44

-8.4%

Jan 30 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Andrew who wrote (1045)	12/23/1996 3:13:00 PM
From: jonggua	of 3256

What does technical analysis make of huge volume that drifts down after the gap in opening? Am surprised by such a tepid market response, tho I did double up on shares today. Wonder if the chart action means it'll drift lower. As usual, Bramson is taking the LOOOONNNGGG view here. Am curious re: REdchip's post re: profit of low teens to $35 PER DRIVE??? Is this accurately reported? What it means is analysts are bandying around profits of $13-35 PER DISK DRIVE that AXC supplies? Take 130M disk drives that'll be sold next year, or more realistically 150M in 98, multiply (just suppose) by profit of, for a middle figure, $20 per drive, and profit of $300M from KM? That's $6 per share, folks! Is this what they're really saying over at REdchip?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next