Aahh...iNEXTV (AXC) The NEXT Thing! Message Board

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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing!

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To: bootsup1 who wrote (3662)	5/8/2001 1:01:06 PM
From: Hal Campbell	Read Replies (1) of 4169

From the K....as pertains to the Tokyo property. "(5) These facilities are leased under leases that expire during July 2001. The current plan is to renew the lease on a year-to-year basis.... (7) These properties are used primarily for the operations of Data Systems, which is being held for sale. If the proposed sale of Data Systems is consummated, the Company anticipates that these properties will be sold or the lease will be assigned to the acquiring company in connection with the sale." If they do not own the property, I guess they mean the owner of it will sell ( but why would that info be in an AXC 10K?)Odd. I only wonder about it because 3000 square feet in the right part of Tokyo is probably still pretty valuable. Note 7 also applies to their English property( 7,184 sq feet). Both are used for ADS sales and service.

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