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


To: Swamp Fox who wrote (1356)12/3/1997 4:15:00 PM
From: Will Cunningham  Read Replies (1) | Respond to of 17679
 
Heavy buying at 2 1/2 near the end of the day.
Trades for 10,000 shares and up.



To: Swamp Fox who wrote (1356)12/3/1997 4:23:00 PM
From: Sal Davis  Respond to of 17679
 
<<Mr. Ed Bramson, is telling us Keepered Media is working for Ampex and KM is only one technology of Ampex.>>

IMHO I believe you are miss interpreting the meaning of that paragraph. His statement about KM is a what if regarding its application into disk drives and not a confirmation that Ampex is using it in any of their other units such as DST. It might not be a bad idea to try to incorporate into DST; at least that way Eddie might have some idea as to how the DST technology might be changing and adapt to it.

What is troubling me is what Red Chip pointed out. In 1995/1996 Ampex geared up R&D for a KM/TFI mix, but industry changeover to MR accelerated and made that for current practical reasons obsolete. Ampex then in 1996/1997 gears R&D for a KM/MR mix which now appears could be rendered useless if the DD industry change to GMR is accelerated also. Shouldn't someone at Ampex, either Eddie or someone in their R&D Dept, been aware of these rapid changes?? We missed the boat last year and now it appears we may miss the boat again. Worse yet we mat be on the damn Titanic!!

Sorry to be so gloomy in this joyous season.

Sal

PS - With a severe El Nino winter predicted, I'll take the wool scarf and matching gloves. They'll sure keep me alot warmer than the heat generated from burning the 50 shares.