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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!
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To: hookjock who wrote (3563)5/1/2001 12:15:18 AM
From: bootsup1  Read Replies (1) of 4169
 
hookjock,

<<In the letter Ed says that they are trying to sell the data unit but he blames markrt conditions for the failure to do so.>>

The internet collapse most certainly is the reason for the failure to sell ADS during the past 12 months! THAT, hookjock, is a nobrainer. And....since Ampex Data Systems continues to make money...and IN FACT make more money now than in the past few years...it is becoming MORE valuable with the passage of time...along w/the reappearance (perhaps) of a bull market. The 65 million figure based on the revenue multiplier went the way of weird birds when the price of Ampex's common went below a dollar. Credibility was lost....and we all know the ltd is the problem...along w/the redeemables and of course there was Dennis along the way...

As to ITG....well, none of us really know where we are with regard to patent protection there at this time. I would think that is a biggee...especially considering the claims that ITG 2 can cut costs 50%....and ITG 3 is within 6 months....Just think. If Ampex can cut streaming costs in excess of 50% for traditional advertisers wishing to place their stuff on the internet....wouldn't Ampex be the place to come to?

I know the rhetoric has been forthcoming w/o the goods for a long time now....but all the millions have been spent hopefully in a learning curve that will approximate the soon to be seen parabola upcurve in Ampex Class A of Delaware.

Cyclometer is pure emerald now...and I'm in touch w/Arnold on a daily basis.
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