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

To: Gus who wrote (4237)	12/31/1998 12:14:00 AM
From: flickerful	Read Replies (1) \| Respond to of 17679

<<Can one ever be fashionably late to a land rush? Even with a Bentley?>> repopulate the board. heed the lessons and "fatten the order book..." <<"Does AXC really have to OWN or CONTROL all the components of whatever video-related solutions it has in store for us?>> please, say noooo. yes, this little piggy needs to get to market, and fast. excellent post...., gus.

To: Gus who wrote (4237)	12/31/1998 12:59:00 AM
From: flickerful	Respond to of 17679

gus....was that "outsourcing" you said? InfoWorld's Michael Vizard makes a list of 10 technologies to watch in 1999. December 30, 1998 Web posted at: 2:55 PM EST by Michael Vizard, InfoWorld VP/Executive News Editor (IDG) -- As we enter 1999, some things obviously are going to make a huge impact. At the top of that list are year-2000 conversions, Internet commerce, outsourcing, and the continued expansion of enterprise resource planning applications. But once you get past that list, there are 10 other technologies that will be worthy of your attention in 1999. 1.Right now, Linux is a movement. But Microsoft is creating demand for a robust PC server operating system that it is unable to fulfill with Windows 2000. Look for Linux to get support from chief information officers across IT organizations. 2.Data marts are nice to have, but they won't be truly useful until we have next-generation knowledge management tools to make sense of data. 3.Auction technology pioneered by eBay will foster new corporate applications that will fundamentally change business relationships. 4.With cable modems and Digital Subscriber Lines helping to drive demand for more improved home networking, look for an exponential increase in demand for remote access. 5.Speech-recognition technology will improve to the point where gaming, adult-oriented, and Internet telephony sites all make use of the technology. And whatever people have at home, they are also going to want it in the office. 6.If you don't know what a directory is, find out. Novell will help make sure that any enterprise application worthy of the name comes with one built in. 7.Rapid adoption of Extensible Markup Language file formats for Web applications will make it clear that we now live in the Stanley Steamer age of the Internet. 8.Handheld PCs like the Palm will alter end-user expectations and demands for data access. 9.Application service providers will redefine outsourcing as IT departments ask for help from dedicated Internet service partners. 10.Every time a transaction moves across a European border, it costs your company money. Being on the euro transition team is a surefire way to become a hero. Got any other predictions for 1999? cnn.com

To: Gus who wrote (4237)	12/31/1998 2:20:00 AM
From: Ed Perry	Read Replies (3) \| Respond to of 17679

<<< extremely useful when Bramson was maneuvering the company around the landmines of bankruptcy. But times have changed. Ampex is no longer on the pink sheets. ...and David is still smarting from the whooping that the Japanese Goliath gave him over the Lemoine patent. >> The metamorphosis, probably the most difficult thing these CEO types have to face. To begin with, operationally speaking, most are of necessity pretty thick skinned self reliant types who likely give a fig for anyone else, yet they must function in a competitive interrelated world of people and personalities. That's why I liked A. Groves "Only the Paranoid Survive". It wasn't just about Intel or about the chip business, but it was as much about A. Grove's personality and his need to "morph" himself and Intel through its change as mandated by evolving market forces. Incidentally, the loss of Intel's component business memory chip market share to offshore competitors and it's eventual re-focus on a end-user (business and consumer) marketing oriented CPU chip business does have some parallel's both for Bramson and for Ampex's current "long range" planning. Were we left just with occasional shareholder letters or management discussion I would say that there was very little hope. Another purveyor of back end technology and equipment who would be ever so subject to the deals made on the "front end" by business and government agencies. Eventually, probably cut out of the market entirely as soon as there was a shift toward using a different underlying technology obsoleting whatever it had to offer. However, though also disappointed that there are no announcements of significant effect, during the past year there have been clues about a new direction: Cooper, Imagio, the "job posting" with it's notion of the "consumer business", the web-hoster binder and the Internic reservations. Now it is possible that these "clues" amount to so much "fools gold" that we here on this board run with as we conjure up our hopes and imaginations. But, I don't think so. What I do find encouraging is the combination of these "outside influences" and the drubbing which Ampex the company got in the courts and in the storage market and the trashing which AXC the stock got in the listed markets. If there ever was a compelling set of circumstance to force the metamorphosis then this has to be it. IMO, the low share price represents a rare opportunity for fundamental investors who using balance sheet valuations (not necessarily income flows) and say price to earnings price to sales measures, to savor a somewhat risky gambit. For more so technically oriented investors like myself, it represents the chance to jump on a good turnaround candidate which has the following characteristics: 1) Share price selling at 52 week lows and also at historic lows. 2) Bottom like pattern formation here or somewhere about here. 3) The possible victim of misfortune in it's market environment. 4) An air of discouragement and disappointment with miserable shareholders. 5) A lack of analyst coverage. 6) Significant assets of both tangible and intangible measure. 7) An ongoing business with an operational business history. 7) Signs of management recognition of a problem. 8) Possible hints of a change in the making. Incidentally, I might point out that stocks which have enjoyed the greatest percentage gain in a given year, at their lows, start out in conditions of dreadful fundamentals, miserable perceptions and surly investor relationships. In the next few weeks, the WS Journal will print its tabulations of best and worst performers for the past year. I like to study the best performers for the conditions that they were in when they were at their lows. Ed Perry