AXC: Ampex Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AXC: Ampex Corporation

AMPX 12.14

-2.8%

2:51 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stephen M. DeMoss who wrote (11)	7/25/2001 11:29:52 AM
From: Hal Campbell	Read Replies (1) of 15

<< Remember when Bramson bought at $3? Did he borrow for that? >> He borrowed from the company at 6 dollars a share when the Maxtor deal looked likely. If I recall he paid half of that in cash, the rest was a "loan" ( but if I recall the shares came directly from the company) the substantial interest of which was forgiven by the board. The rest of his purchases were cash. He sold some that spring...his only sale ...to buy a Bentley some have said. Since the loan interest was later forgiven, part of his rather low salary as CEO was the Bentley we bought for him.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next