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Technology Stocks : Ampex/iNEXTV.com (AXC)
AMPX 14.09+14.6%Oct 31 9:30 AM EDT

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To: Amboy Charlie who started this subject5/23/2001 2:32:16 PM
From: Michael Olds  Read Replies (1) of 69
 
The spread was narrowing, now it's widening but the focal point remains $0.32. That's roughly the 20 mil Microsoft is going to put into iNEXTV for 25% of the company. haha

I'm sorry, I don't believe Microsoft (or any other company with $20 mil to give away) has gone sappy. You have a startup where the kids think they have something hot and you also think what they have is hot, you still try to buy them out before giving them the money for a piece. In that case the market's evaluation of their worth is an unknown. Here we know what the market is saying: Odds are exactly 50/50 the company is worth zero without a buyout.

mo
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