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Technology Stocks : Ampex Corp: Digital Storage

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To: HPilot who wrote (2205)3/10/1997 12:33:00 AM
From: FIFO_kid2   of 3256
 
Thanks for your inspiration Hugh. I just believe investor relations have done a poor job by providing sketchy details of a product that has an enormous market. Do you have an opinion of Bramson's Jan 10, 1997 SEC filing intending to sell about 1/4 of his stake.I have mixed feelings about that move; I can understand that he wants to take some money off the table since he already purchased the majority of his holdings below $1.75 and after making at least 300% on my money it would be prudent to reap some profit, but if KM is stacked up to what it is supposed to be then any thought of selling is unquestionable. Lastly, how long will KMs life cycle be? From what I have read on this thread my estimate would be only 3-5 years. Please share your opinions regarding KMs product cycle and state your reasons.
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