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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: Milt Best who wrote (76)5/24/1996 1:36:00 AM
From: Harry Tan   of 3256
 
Milt,

I too, hope to be able to pick up more shares. In fact, I believe that
the long-term potential of the company is tremendous in view of its
strong R&D and its renewed commitment to commercializing its
technology. If you do a Lycos search, you find hundred's of references
to Ampex's products. Most of the references are to tape media and
tape storage systems. In fact, Ampex is the only supplier of
high speed digital tape storage to the special effects entertainment
companies such as Digital Domain.

I hope that takeover rumors do not move the stock substanttially higher
in the near term and that we can pick up more shares in a pullback.
In fact, I dont wish the company to be taken over right now.
I feel we can get much higher prices over a longer time horizon.

Harry
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