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Technology Stocks : Ampex Corp: Digital Storage
AMPX 12.44-8.4%Jan 30 9:30 AM EST

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To: Graeme Smith who wrote (1884)2/19/1997 8:01:00 PM
From: HPilot   of 3256
 
No they do not. Ampex has stated no KM profits until late in 97 and maybe not until 98. Also profit projections for KM are higher than profits from current products. DST may ramp up extremly well this Q so I am hoping for a nice earnings suprise for the first quarter and a good comparison to last year's quarter. As for as hitting 6's it is presently extremely oversold. So I don't expect it to hit 6's without a rally!
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