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


To: Swamp Fox who wrote (2932)7/7/1998 7:34:00 AM
From: Thomas Kirwin  Read Replies (1) | Respond to of 17679
 
Web Hosting in the News!

Verio acquires TABNet, creating one of the world's largest Web hosting companies

Tuesday July 7, 6:59 am Eastern Time

TABNet acquisition gives Verio a powerful direct marketing engine as one of the world's largest registrars of Internet .com, .net, .org names

ENGLEWOOD, Colo.--(BUSINESS WIRE)--July 7, 1998-- Verio Inc. (NASDAQ:VRIO - news), a leading full-service business Internet provider, has acquired California-based TABNet, a move that makes Verio one of the world's largest and fastest-growing domain-based Web site hosting companies. This acquisition increases Verio's base of hosted Web sites to over 60,000, and significantly enhances the Company's direct marketing capability through TABNet's preferential online advertising placement agreements with Netscape, Yahoo!, AltaVista, HotBot and others, and co-branding and revenue-sharing agreements with Excite, Infoseek and WhoWhere?. The combination of TABNet's direct marketing approach and Verio's already strong indirect distribution channels gives the Company a powerful marketing engine targeted at small to medium-sized businesses.

biz.yahoo.com

Regards,

Tom



To: Swamp Fox who wrote (2932)7/7/1998 9:22:00 AM
From: Glenn Perry  Read Replies (2) | Respond to of 17679
 
Other possible customers for full motion video & audio web hosting services could also include many universities and hospitals, where real-time video streaming would be a great candidate for off-site training & instruction. Education and entertainment are two huge areas with much potential given sufficient bandwidth. Tapping into Ampex's equipment and patent portfolio would only require sufficient bandwidth to justify the material investment:

"Although the emergence of applications that envision the transmission of video, graphics and other images over the Internet or private networks may create new markets for the Company's data storage products, the Company's management believes that these applications will require bandwidth improvements to current information delivery systems before the information storage systems offered by the Company and others will be required."

As evidenced by his past comments, Bramson has always been well aware of what the future capabilities of data transmission would be. Though his timing may have been off, the slow progress towards increased bandwidth has enabled the company to create a long-term plan to gradually align themselves with this potentially huge market. I think he's on the right track, the train just left the station later than he thought it would. And Ampex is headed in the right direction, let's just hope we're among the first to arrive at our destination.

If earnings come lower than expected, and the stock price falls in reaction to it, it would present an excellent buying opportunity. Accumulation at these levels, at the least, is not a bad idea.

I like the fact that the company has a direction they are heading towards, a potentially well-rewarding direction. For years they have been saying, "Ampex is currently focusing its technology on the emerging market for mass data storage in the visual information age", but now it appears they finally being more aggressive to meet that objective. I'd rather they adopt a risky, all-out strategy than wither away with declining sales of present equipment. I say, "Go for it. It's now or never."

P.S. Can't help you on your Cola problem, Gus.