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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.32+4.7%Nov 28 9:30 AM EST

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To: Carl R. who wrote (9317)6/18/1999 12:59:00 AM
From: Hal Campbell  Read Replies (1) of 17679
 
Excellent post, Carl! Sorry but I responded to Mike before I read yours. Yes, a cash redemption would be a viable powerful option BUT
I have this off the wall opinion.

Hypothetically...just hypothetically .... if you wanted a batch of happy debt holders ( as well as shareholders) ...and you were holding news you felt would move the maket upwards in your issue...for the FIRST redemption period only ...you would delay releasing the news ...delay formally presenting yourself to the street as a favor to debt holders..to maximize their first and first only share portion. A one time only gift ( with brownie points gained for any future services needed). Is it a coincidence that the webcast is only 2 days before June 30th? Awww but it may well be.
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