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

To: Hal Campbell who wrote (3806)	11/12/1998 10:20:00 PM
From: Joe Valente	Read Replies (1) \| Respond to of 17679

I had a small chat with Karen at IR today and thought I'd share some of what she said. Regarding HDTV, she said Ampex would only be involved at the broadcast end. She said they will pursue the archival storage market with DST products during 99.Though she wouldn't elaborate, she said not to think of "archival" in the conventional sense. Whatever. The broadcast market, they believe has good potential since Ampex has brand recognition from years past. Imagio is there mainly to introduce/push products not to promote interest in the stock. Mr Bramson has taken a small stake in a web hosting company and "may add to his position in the future". Ampex is not co-developing any products with Micronet, but will supply the "necessary resources". Micronet will introduce a new product "within a month". I hope this helps.