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

To: Carl R. who wrote (9796)	7/3/1999 1:48:00 AM
From: john adriaan kolenberg	Read Replies (2) \| Respond to of 17679

news found by vicky from the yahoo ampex bb board.. she found it on the cnbc website /02/99 - AMPEX: Boxer Systems selects Ampex Data's DST archive for Soho's Moving Picture Company -------------------------------------------------------------------------------- JUL 2, 1999, M2 Communications - Boxer has selected a Near-On-Line Archive from Ampex, the world leader in high performance magnetic recording technology, for installation in Soho's prestigious facilities house, The Moving Picture Company (MPC). The system consists of a two-drive DST 712 automated cartridge library where both drives are rated at a remarkable 20MB/second sustained. The DST712 offers high-speed file search, 1.6GBps, and data transfer rates, plus extensive storage capacity of 3.8TBs for inclusion into the system. The DST 712 is extremely scalable and additional Terabytes can be added very quickly as required. As part of a system installed by Boxer to back up Discrete Logic devices, the DST Library is attached to a SUN Enterprise 4000 via Ciprico 7000 fibre channel RAID array, all running Sam FS software from LSC. Simon Shaw, Managing Director, Boxer Systems commented: "We have successfullyworked with Ampex in the past. Its product was chosen because we believe it is the most flexible and fastest archive system available on the market today, therefore it suited our needs precisely at the MPC." Peter Gresham, Head of Section Development at MPC, said: "MPC is undertaking a pioneering step by moving the whole of the post production company from eight separate D1 machines to a single DST Library which we chose over DTF and AIT. Performance, especially the load and seek time, was always going to be very important to us. The DST 712 Library provides the fastest capability especially in seeking individual pieces of data. Ampex has been very responsive and the after-sales service has been prompt. We are satisfied that we made the right product choice; the nearest competitor has a perceived time delay of 32 to 33 minutes, which against thirty seconds simply is no choice at all." -0-

To: Carl R. who wrote (9796)	7/3/1999 7:59:00 AM
From: scrooge	Respond to of 17679

Once the June financials are out, AXC will be much easier to value, for better or worse, and the stock could make a dramatic move one way or the other. Let's hope that all the new talent came on board because they saw(heard) something that they thought was exciting and would make this company big - and profitable. There are lot's of companies out there trading at stratospheric multiples with no income, no promise of income, and here we sit. Probably has something to do with the enormous float. If we sat here with a float of under 5 million, I suspect the price would be a lot different. Happy 4th of July to all