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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: paul lin who wrote (1287)1/17/1997 12:35:00 PM
From: jonggua   of 3256
 
In reference to Viet's remark that KM is a 98 story, he's right-- as far as actual revenues go, but the stock will have at least some (and maybe SOME!) positive reaction to new licensees for KM and will go up solely in anticipation of eps upgrades. It's too early now and there are too many variables yet for 98 forecast for any reliable estimates to be published I imagine, but 97 should see a big upward move in the stock price as eps estimates move up as agreements are signed and DST line takes off Q by Q, allowing analysts to extrapolate growth further.

I also was rooting around AXC's homepage; ampex.com in the Product section and read stuff about their new doubled density DST line, available now in limited quantities and fully available in 2Q I believe. It mentions the list prices for the DST 312, 412 and 812 line. I remember the 812 was $330K while the others were of course lower. It was nice to see some hard fast numbers to go along with the 10Q's and 423's listing price for the DCT video editor of $70K apiece.
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