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

To: B. A. Marlow who wrote (8947)	6/1/1999 8:34:00 AM
From: Sean	Respond to of 17679

MicroNet Moves To New Headquarters IRVINE, Calif.--(BUSINESS WIRE)--June 1, 1999--MicroNet Technology Inc., an innovator in storage solutions, has moved into its new corporate headquarters at 51 Discovery in Irvine, Calif. This brand-new, two-story facility is strategically located in the Irvine Spectrum. The Irvine Spectrum, and surrounding area, otherwise known as the Tech Coast, is considered a mecca to numerous other high-technology companies due to its proximity to several freeways and two highly populated cities - San Diego and Los Angeles. "The new, modern building will allow us to expand our research and development facilities and focus our energy on creating millennium-forward technologies," says Rober Faulkner, general manager, MicroNet. "With a better design and layout, the new headquarters lends itself to MicroNet's rapidly evolving business." In addition to the new headquarters in Irvine, MicroNet also has four regional US sales offices in Chicago, Atlanta, New York and Los Angeles. International sales are coordinated from the Irvine location. Based in Irvine, California, MicroNet Technology, Inc. is a leader in the development of a full range of data storage solutions for creative professionals and IS managers with enterprise wide networks. MicroNet's extensive line of storage solutions include Genesis RAID systems, FibreFlex workgroup solutions, drive management software, the DataDock family of transportable data storage systems, award-winning disk arrays, hard disk drives, DVD-RAM, CD recording systems, DLT, AIT and DAT back-up systems. MicroNet products are available through Ingram Micro Inc., resellers, VARs and distributors worldwide. For product and reseller information, contact the sales department of MicroNet Technology, Inc. Tel: (949) 453-6100 or Fax: (949) 453-6101. MicroNet can be found on the World Wide Web at www.micronet.com. MicroNet Technology is a wholly-owned subsidiary of Ampex Corporation (Amex:AXC). All trademarks and registered trademarks are the property of their respective holders. No. 0823. --30--KM/np* JP/np CONTACT: MicroNet Technology Meryl Cook, 949/453-6064 meryl@micronet.com or Imagio Public Relations Ara Jane Olufson, 206/625-0252 arajane@imagio.com

To: B. A. Marlow who wrote (8947)	6/1/1999 10:24:00 AM
From: John M	Read Replies (1) \| Respond to of 17679

Bam,I am sure you are probably right that some analysts are watching Ampex by now.However...it would seem to me that by the time the earnings picture clears and our strategy is totally demonstrated...the stock price will have already appreciated(hopefully substancially).Why wait till the stock doubles before you get your customers in???I think we at least deserve a meek little "accumulate".Certainly that wouldn't be over hyping our stock potential.Here's hoping for an interesting June.