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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.575+8.7%10:37 AM EST

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To: K.Martin who wrote (2312)3/15/1997 10:34:00 AM
From: Milt Best   of 3256
 
More comments on 10K:

1. " Ampex believes that Keepered Media may have potential application in flexible media (floppy disks and magnetic tape)". Is this the first time AMPEX has actually mentioned this? Can you imagine what would happen if Iomega decided to use KM in their Zip disk?

2. "Maxtor has advised Ampex it IS developing a disk drive program with KM for introduction in late 1997." ( I think someone mentioned this up thread.) KM profits on the way!!!

3. Tax loss carry forward of 95.3 mil. 2 dollars per share profit without taxes!!! I think thats significant. Someone correct me if I'm wrong.

It looks like we're a little early with Ampex, but I don't want to miss the ride when the street starts to notice. Patience will reward us all!

Milt
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