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


To: Stephen W. Leahy who wrote (3814)11/13/1998 3:17:00 PM
From: killybegs  Respond to of 17679
 
Damn, Stephen, you are fast...heres the patent

United States Patent [19]
[11] Patent Number: 5830590
[45] Date of Patent: Nov. 03, 1998

--------------------------------------------------------------------------------

[54] MAGNETIC STORAGE AND REPRODUCING SYSTEM WITH A LOW PERMEABILITY KEEPER AND A SELF-BIASED MAGNETORESISTIVE REPRODUCE HEAD

[75] Inventor(s): Gooch; Beverley R. , Sunnyvale , CA
Coughlin; Thomas M. , Atascadero , CA
Davies; David H. , Cupertino , CA
[73] Assignee: Ampex Corporation , Redwood City , CA



To: Stephen W. Leahy who wrote (3814)11/13/1998 3:24:00 PM
From: killybegs  Read Replies (1) | Respond to of 17679
 
Re 10Q ..company is accepting orders for quadruple density...660 gb per cartridge...cool



To: Stephen W. Leahy who wrote (3814)11/14/1998 2:32:00 AM
From: flickerful  Respond to of 17679
 
stephen, jubimer...

thanks for posting with alacrity some truly positive kernels...
let' hope it's just an inkling of the future.

how good to see the words sales and revenues,
albeit in the [not] near [enough] future. it's progress.
my forecast:

coming soon at a website near you,
the next letter to the stockholders... wouldn't that be nice?

randy

ps
think the audience is listening?



To: Stephen W. Leahy who wrote (3814)11/16/1998 12:54:00 AM
From: Gus  Respond to of 17679
 
"In October 1998, the Company received a memorandum of understanding for the purchase, subject to the exercise of certain customer options, of up to an estimated $18.4 million of DST double density and quadruple density storage systems for a governmentprogram on which the Company had previously submitted proposals. Separately, also in October 1998, the Company received a letter of intent relating primarily to the purchase of several of the Companys recently introduced DST 712 automated tape libraries for approximately $7.2 million for another government program. In both cases, deliveries would occur during the period 1999-2001.

It looks like AXC is finally establishing more than a foothold for DST in the federal systems business. Tiny AXC could make a really nice living by feeding its DSTs to meet the DOD's insatiable demand for storage.

Surely, if the government can give the likes of Seagate, Storagetek, HWP, and Imation matching funds (about $15 mil) to finance basic research into the core linear recording technology that is going to show up in LTO, the least the government can do is buy more high quality stuff from the company that invented the VCR -- a company that is currently one of the dwindling number of domestic manufacturers with the capability to make helical scan recorders.

Nets to drive rise in DOD electronics spending
eetimes.com

... The money will be used in part to create a network that would let U.S. armed forces share voice, video and data in real-time in order to gain what the Pentagon calls "information superiority" over an enemy in wartime.

Spending for electronics hardware and software is projected to climb from $57.6 billion in fiscal 1999 to $61.7 billion in FY 2008. Overall Department of Defense appropriations in that same period will decline 3 percent, from $261 billion to $253 billion....