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

To: Swamp Fox who wrote (2596)	4/22/1998 12:07:00 AM
From: John Rowe	Respond to of 17679

OUCH!!! Please, Swamp Fox, show a little compassion. I've been a long-suffering Phillies fan a lot longer than I've been a long-suffering Ampex shareholder...lets hope Big Ed has a little better luck than the "wild Thing"!!!

To: Swamp Fox who wrote (2596)	4/22/1998 8:02:00 AM
From: Gus	Read Replies (1) \| Respond to of 17679

What a great deal! Not only does the cheap acquistion of this Irvine, California company broaden AXC's product offerings (thus improving its sell thru from highly-specialized, best-of-breed, expensive and proprietary solutions to a wider range of solutions), but it also puts AXC in a better position to exploit the market opportunities in video and storage that are going to cascade once the bandwidth bottlenecks in the networks ease up. I particularly like this part of the announcement: ...We continue to look at other acquisition opportunities that could be synergistic with Ampex and MicroNet.... DiskTrend has a 1997 summary of the Disk Drive Array market at... disktrend.com Here's one excerpt ...The largest market for disk drive arrays continues to be in network server and midrange system applications. In 1996, this product group produced 62.3% of the sales revenues for disk drive arrays and 93.5% of total unit shipments. Worldwide sales revenues for network/ midrange system arrays are projected to climb from 1996's $6.7 billion to $14.3 billion in 2000. While most of the disk drive arrays currently offered in the network/ midrange system market are designed for attachment to a server or processor host, a growing number of participating manufacturers are expected to add models designed for direct network attachment, making possible design simplification and lower cost... [see Jubimer's comments and links re: Network attached Storage]