Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 9.475

+2.5%

Jan 9 9:30 AM EST

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To: K.Martin who wrote (5619)	2/18/1999 12:36:00 PM
From: valuehunter	Read Replies (1) of 17679

K.Martin.................................................... I agree that the earnings release should have been more upbeat & enthusiastic about the future. Imo, they could have mentioned how DST & Micronet RAID arrays provide for EITHER tape or disc storage. They could have made some announcement as to their plans with TVOTW - I mean, look at Broadcast.com today! They should generally have outlined how TVOTW/Reiter Assoc fit in with their future plans. Instead, they put out a "negative attitude" release about probable falling revenues/profit in future quarters without justifying it by describing the exiting things the investments & directional change are leading towards...................................V

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