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Technology Stocks : Ampex Corp: Digital Storage

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To: FIFO_kid2 who wrote (2047)3/4/1997 3:47:00 AM
From: FIFO_kid2   of 3256
 
Thanks for the info regarding Terastor from all AXCites. Although I believe there will not be an immediate impact, there is a probability that KMs product cycle could be much shorter than we estimate. It could be from Terastor's product or from any other competitor's product unbeknown to us at this time. I'm confident that KM will have its time in the spotlight because of its performance enhancement and its absurdly incremental cost to a product that is in acceptance (successful and profitable technology usually tends to stay with the same product platform unless the new product is cheaper and convenient to use). I am very disappointed in the price action for 99% of the small\micro cap arena so for those who find this a problem it is systemwide on issues with much better fundamentals than AXC.. I also have noticed that AXC has just barely broken its positive long term trendline on my Telechart 2000 software. It is apparent the market is not factoring KM in its price. My big worry has been a shorter anticipated product cycle with a possible long-lasting bear market can kill any dreams of 500% plus returns from these levels.
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