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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 8.270-3.0%Dec 26 9:30 AM EST
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To: sonyNchair who wrote (4347)1/6/1999 3:43:00 PM
From: Gus  Read Replies (2) of 17679
 
......Eventually we will be sharing virtual-reality experiences with each other that are as convincing as real experiences, Kurzweil believes. We will be able to stroll down virtual beaches in our virtual bodies with tactile feedback so convincing that in his view, we will prefer sharing experiences with other virtual personalities to the real thing. We will do things with each other in VR that will have consequences in the real world, according to Kurzweil, but they won't be the same consequences that would normally occur in the real world .....

This is going to make drugs and maybe even organized religion seem lame. <g>

....if management has the vision and an ability to execute in a timely fashion.

There you go. The crux of the matter.

Mukluk is the name of the Northern Alaskan territory that is supposedly the greatest dry hole in the history of 20th century Big Oil. Initial tests in the late seventies showed that it was potentially bigger than the Middle East and the North Sea combined. Everybody went there. And then nothing.

At this point, everything depends on Bramson. Will he eschew the mass market of the web to focus on what at this point may look like the profitable corporate niches of the near future? The history of the internet's bluest chip show that AOL had to create financial statement fiction to support the stock sales that it needed to fund the early years of the process of branding America Online. Today, AOL is now well on its way to becoming a true global brand. Let us hope that even if AXC does become the equivalent of Mukluk for all its shareholders, it won't be for lack of vision or savvy.

Thanks. Really great article. And loved the name, hated the music. <g>
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