Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Hal Campbell who wrote (3874)	11/21/1998 8:38:00 PM
From: Ed Perry	Read Replies (2) \| Respond to of 17679

<< Guessing at a long term holding period for Ampex shares ...>> follow up to my post #3679 and others on the convergence of television, computers and the Internet. Excerpts from the NY Times Nov 20 1998 p. C1: Some Digital Services Face 5% U.S. Tax "Imposing a middle ground between the industry and consumer groups, the Federal Government today imposed a 5 percent fee on some of the money that commercial television broadcasters may someday generate from the digital spectrum." "As they slowly convert to digital programming, broadcasters hope that viewers will one day be able to use their television sets in the same ways they use computers that can gain access to the Internet - doing everything from ordering sports tickets and buying clothes to retrieving stock quotations and sending pages of text. It is these ancillary services as well as special subscriptions and pay-per-view that the rule adopted today by the Federal Commission will tax." ""These were really tough issues because we are being asked to lay the framework for an industry that doesn't exist yet," said William E. Kennard, the commission's chairman" "All of the nation's television stations are in the process of converting their analog programming to digital broadcasting as part of a transition that is not expected to be completed before 2007. By the end of this month some 42 stations are expected to be transmitting digital signals as well as on their analog spectrum." "The digital spectrum will produce significantly clearer and sharper television pictures. It is also expected to enrich the medium by equipping television to handle many of the same on-line functions as personal computers do. From my post #3679: "The InfoStor article referenced Sony's initiative at the high end market in the context of Sony's DFT-2 product. Second generation as spec'd ( 100GB/24MBps ) is due for production volume in late Fall 99. Target applications include .. "post-production/video markets, oil-gas seismology, and network-attached storage." The article projects .. "third-generation 200GB/24MBps product in 2001 and a 400GB/ to 500GB/48MBps drive in 2005" ====> Fed target 2007 ====> Sony's projected rollout 2005 Again, for the long term holder, given that the market place for shares is a discounting mechanism, the digital TV market alone calls for an AXC long term holding period of 4 to 5 years or 2003 - 2004. Since Ampex is a recognized leader in the digital video "know how" industry, projections like this will very likely put a longer term uptrend in support of AXC the stock. How Ampex, the company, gets from today to there is a matter of how deftly Ampex can position its products in the general storage market and other innovative marketing adaptations that we should be hearing about in the upcoming quarters. Ed Perry