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

To: Glenn Perry who wrote (3713)	10/31/1998 1:26:00 PM
From: Sal Davis	Respond to of 17679

I agree that the DST is superior, but that doesn't do any of us any good if they aren't selling. That's my point about being left in the dust. Amepx has great technology, but they just haven't found a way to gain mass market appeal and penetration. We're bleeding cash from operations while sales are decreasing. If this scenario is not reversed Ampex may find itself in a very tight spot. Will Micronet be the "magic bullet"? I don't know, but I think Ed has to step aside and let Cooper run the show. The more time that passes and that Ampex doesn't turn the corner, I become more concerned. Sal

To: Glenn Perry who wrote (3713)	10/31/1998 1:31:00 PM
From: Sal Davis	Read Replies (2) \| Respond to of 17679

From FreeEdgar [Another prospectus relating to a conversion of the 12% notes] AMPEX CORP /DE/ has filed a Form S-4/A with the United States Securities and Exchange Commission. Click on the following hyperlink to view this filing: freeedgar.com

To: Glenn Perry who wrote (3713)	10/31/1998 9:32:00 PM
From: hookjock	Read Replies (1) \| Respond to of 17679

There really is some interesting stuff in this filing: Ampex is seeking to expand its products and services, including through acquisitions such as the acquisition of MicroNet Technology, Inc. Ampex intends to focus on MicroNet's DataDock 7000 product line and a new high-end product line to be introduced in the first quarter of 1999. Ampex also plans to de-emphasize other lower-priced product lines which, in prior years, have accounted for the majority of MicroNet's sales. See "The Company - General." Ampex has also instituted, and will continue to implement, cost reduction programs, which address the continued reduction in sales levels. However, there can be no assurance that any of these strategies will be successful, or that Ampex will be able to reverse recent sales declines.