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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Alan Cassaro who wrote (9023)6/6/1999 9:49:00 PM
From: Thomas Kirwin  Respond to of 17679
 
Quote of the Week

"I think we're in the second inning of what's going to be the greatest creation of wealth of this century. In the next five or six years, you're going to see the creation of $2 trillion of new wealth. [So far,] you've only actually seen 15% of a number that's going to be extraordinary."

-- Comments made this week by Alberto Vilar, lead manager of the Amerindo Technology Fund, to SmartMoney.com regarding the recent correction in Net stocks.



To: Alan Cassaro who wrote (9023)6/7/1999 8:45:00 AM
From: Scott Pedigo  Read Replies (2) | Respond to of 17679
 
Anyone think we ought to ask if there's a rat's chance that
keepering is still an option, somewhere along the line?


No. If you can buy a cheap 100 GB drive for your PC soon using the
existing gigantic resistive heads technology, and the manufacturers
don't need keepering yet, and the near-term future increases in
capacity will most likely be coming from hybrid optical disks, and
in the long term we'll probably be seeing some kind of holographic
atomic level storage in crystal lattices, I don't see any reason
for ever hoping to milk that old cow. And if by some quirk of fate
keepering ever is used for something, it certainly won't be the
case that it is a critical technology for which every manufacturer
will have to pay license fees or fall by the wayside. There is all
kinds of research going on and there will be alternatives, not
only in magnetic storage but in other kinds as well (optical). So
even if it is used, Ampex probably won't be able to squeeze the
licensees for any significant amount of money. This will never make
us rich, and the big hype years ago was just that.

KM = keep moaning (what AXC shareholders do)

= kein Markt (German for "no market)

= Karl Marx (another bankrupt philosophy)

= killed movement (of stock price)

Anybody else?

Let's let Ed and Co. concentrate on the "new" Ampex.
I know you were just making a joke, Al, but the KM topic is so
worn out that it's hard to even milk it for laughs anymore.