Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.61

-6.2%

Dec 1 3:59 PM EST

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To: WTSherman who wrote (3919)	12/1/1998 3:53:00 PM
From: Hal Campbell	Read Replies (2) of 17679

Been through all those stages ( and many more) myself several times, GMW. Apt. And terrific reasons John. Some reasons for not selling right now. Its basing ...don't know why but its basing.And in the teeth of tax loss selling. While they do indeed have to compete with giants in this sector, it wouldn't take much growth or success to improve the valuation. There is a new DCR....waiting to see if it sells. Waiting to see if the " positive contacts " Bramson mentioned turn into a backlog. Waiting to see if Imagio can improve marketing.If they can regain a positive cash flow, they can perhaps also think about acquiring ( though I think they are either a year and a half late( valuations) or several years early ( bandwidth) in going after a web host. Mybe Cooper will help somehow. Do wish they had something exciting up their sleeves, but that seems mighty unlikely. They do have the nuts and bolts to potentially and finally show some growth however. First most vital item - start making money from manufacturing again. DF ( complain all you want by the way- we are all entitled ) ...from the news release you posted ... <<When configured with five DLT7000 drives the Tape Array 100 delivers a capacity of up to 350 gigabytes, or 250 gigabytes with five AIT drives.>> Different ( much cheaper...much slower...much more unwieldy ) ballpark altogether from DST. Of course one quad density tape alone will hold 660 gigs. The very inexpensive DLT has sold like hot cakes. And now many seem to be stacking em to get higher capacities.

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