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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 8.275

-3.0%

Dec 26 3:59 PM EST

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To: Swamp Fox who wrote (6158)	3/10/1999 10:59:00 PM
From: Milt Best	Read Replies (1) of 17679

To all, Enigma Data Systems was mentioned in a previous post. Enigma is a new company formed in Dec 98 to take advantage of large data storage opportunities. Guess what, they really push AMPEX's DST line. "Enigma Data Systems was formed in December 1998 when the founder of Petroleum Exploration Computer Consultants Ltd and other executives purchased all rights to PARS, IDS and related software technology from PECC's parent company, Compagnie Generale Geophysique (CGG). The buyout was backed by 3i Group plc, Europe's foremost venture capital firm. As part of the transaction, Enigma took over service and support contracts of existing PARS/IDS users. As a result, Enigma hit the ground running with an installed base of more than 40 sites owned by nearly 20 major and large oil companies. Ever since, Enigma has aggressively expanded its customer base and is gearing up to serve other industries facing terabyte-scale data storage and data management challenges. " Checkout their web page. engimadata.com Milt

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