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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 8.740

+10.8%

Jan 2 9:30 AM EST

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To: Hal Campbell who wrote (5338)	2/6/1999 5:50:00 PM
From: Michael Olds	Read Replies (2) of 17679

AXC strategy. "DST should grow someday, but they are really just too good for their own good.." I was watching AXC for some time before I invested, but did make the jump after I heard Mr. Bramson in an interview he gave to a local PBS show here called "Technation" (in which a very intelligent Moira Gunn talks about all kinds of technological developments from a base of her own considerable experience). This was on the 50th anniversary of AXC (date uncertain). At this time, Mr. Bramson appeared to me to be saying that the refinement of the software for these machines was making quantum leaps toward simplification and would soon result in much more mass market oriented products. I followed up on that last year, speaking to Karen, who stated that there was never any intention of going mass market. My own observation is that everything is becoming much more powerful, and the high end is coming closer and closer every day to the middle. Is there no possibility that a mass market product might emerge from this technology? Especially the software in video editing programs, etc.?

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