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Technology Stocks : Ampex Corp: Digital Storage
AMPX 8.275-3.0%Dec 26 3:59 PM EST

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To: K.Martin who wrote (2160)3/7/1997 12:42:00 PM
From: Emile Vidrine   of 3256
 
Sounds like management and others are manipulating market and small investors in particular.

"
The Company's authorized capital stock consists of (i) 175,000,000
shares of Common Stock, par value $0.01 per share, of which 125,000,000 shares
are designated as Class A Stock, and 50,000,000 shares are designated as Class C
Stock; and (ii) 1,000,000 shares of Preferred Stock, par value $1.00 per share
(the "Preferred Stock"), of which 69,970 shares have been designated as the "8%
Noncumulative Preferred Stock" (the "Noncumulative Preferred Stock") and 87,192
shares were formerly designated as "8% Step-Up Rate Cumulative Convertible
Preferred Stock", which have been cancelled and retired. No shares of Class C
Stock are outstan"
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