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


To: flickerful who wrote (3029)7/22/1998 12:24:00 AM
From: Swamp Fox  Read Replies (1) | Respond to of 17679
 
When "Cousin Eddie" said "on-line", he meant it!!!

ampex.com

Ampex's most immediate internal growth opportunity is for its 19-millimeter DSTr and DIST products. When these systems were originally introduced, we envisaged them as a new class of storage device - one that is "virtually online." Some of the complementary hardware and software that we had counted on being available from other companies was delayed, and this held us back. In 1998, we plan to introduce a system that combines our DST systems with certain purchased components to finally make this virtually online performance available in an accessible form. In order to grow, Ampex must develop more solutions of this kind that make it possible to penetrate markets beyond the relatively small niches that our products currently address.

ampex.com

Cable News Network purchased an on-line digital video archive, one of the first to be installed.

I have searched the DST specs on the AMPEX Web site and could not find "on-line" as referred to in the context of the above statements. Therefore, we can "assume" a NEW PRODUCT is installed at CNN.

And, further assume the NEW PRODUCTS name is "MAGGIE" with all 12 TERABYTES virtually on-line in accessible form. Broadcast, Broadcast, Broadcast...

"WE" ain't gonna work on Maggie's farm...

Swamp Fox