Ampex Corp: Digital Storage Message Board

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Technology Stocks : Ampex Corp: Digital Storage

AMPX 7.887

+0.7%

Dec 31 3:59 PM EST

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To: Chuck Smillie who wrote (1942)	2/25/1997 3:42:00 PM
From: jonggua	of 3256

Define "reward us handsomely" Well, as anyone on this board knows, I'm not shy about making outlandish projections, and trying to back them up with facts! I see full acceptance of KM- 100%- in a couple years, and a lock on the market until something radicaller comes along after 2000+, and AXC making close to or above $1/platter, presenting us with profits approaching or at $500M, with a resultant share price in the $250-500 level. If they have other major multi hundred million potential new products (subsystem components they're targeting particularly) such as their new tape drive head and KM for tape in tape drives, or if they have a hand in these new torodial heads, then I can see prices above $500 in the next 5 years. Keep in mind no one else that I know of is promoting such a high price, but the profit numbers are there potentially- it just depends on if the market puts a pe multiple of 10, 20 or 50. I personally am expecting at least $250 in the next 5 years.

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