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Technology Stocks : Ampex Corp: Digital Storage
AMPX 11.17-6.5%Jan 23 9:30 AM EST

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To: Biff Malibu who wrote (1270)1/16/1997 7:21:00 PM
From: jonggua   of 3256
 
I thought someone couple 100 posts back said estimates for this quarter were DOWN to 5 or 6cents, down from 22cents? Don't know where all the 14 cents would come from. They had low orders coming into the quarter and moved facilities, higher lawyer costs. I'm expecting only 5 or 6 cents myself due to these factors. Of course, royalties are always unexpected and unpredictable. I'm willing to be pleasantly surprised.

About that New York Magazine article, could you PLEASE give more info? Do they say ANYTHING about how they came up with the predictions, where they got it from, etc? I agree they could've gotten it right off of SI, but any exposure is good exposure. Would love to see it myself in print!
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