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Technology Stocks : Ampex Corp: Digital Storage
AMPX 9.475+2.5%Jan 9 9:30 AM EST

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To: jonggua who wrote (1379)1/23/1997 1:56:00 AM
From: Rick Kunz   of 3256
 
I just read the latest Red Chip Review tonight, and there are several fairly glowing things about Ampex from Marc Robins. He says in talking about hidden assets:

"My favorite example of ethereal value is the 1,200 patents AMPEX (AXC, $9 3/4) still maintains. You can't say this is not a treasure trove. The company is recognizing about $2 million per quarter in settlement payments for infringements by those who "borrowed" their technology." He also has a further writeup in his "Portfolio Watch" section, of his `favorite picks' and puts a "BUY" on it.

Rick
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