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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.80+6.8%Nov 24 3:59 PM EST

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To: Carol M. Morse who wrote (4560)1/19/1999 2:17:00 PM
From: SC  Read Replies (1) of 17679
 
I've stopped trying to read the tea leaves on this one. IMHO ampex is once again way ahead of the curve technologically and may miss the boat again once huge amounts of quickly accessible storage is actually required. If disk makers start coming out with 200GB drives that cost $250 who needs DST anymore. Hopefully the DST will also improve on size, speed, reliability and price and still be competitive once the infrastructure for high definition video on demand is finally in place. In the mean time I'll keep sitting on my undervalued shares.

I think that management has a strategic plan that they are patiently pursuing, they just don't think that it is wise to share their strategy with the world (i.e. potential competitors) yet. Once they have all the pieces in place and the time is right, I fully expect that they will market it to the hilt. Otherwise Mr. Bramsons huge investment in this company makes no sense. Remember, you don't have to have the best product in the category to be percieved and rewarded as the best, that's what marketing is for (not that it hurts your marketing effort any if you do indeed have the best in category). You are also wasting your best chance at successfully marketing your product if the market isn't ready or your company isn't ready to take advantage of the demand you create once the market is ready.

Patiently waiting (for several years now),
Steve
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