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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 12.73+13.1%Nov 7 9:30 AM EST

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To: Hal Campbell who wrote (17578)6/10/2005 5:07:10 PM
From: Harvey H Anderson  Read Replies (5) of 17679
 
Hi Hal, I went to my first ever stockholders meeting today. About 35 people present including about 10 from AMPX. All the proposals passed as expected. Ed occupied the podium for the full 1.5 hours or so. They said NASD listing expected today or Monday. Ed seemed quite candid, and answered questions from the floor for about an hour. No banana bread but great rolls. He said that all our patents are included to the companies that signed and I believe paid for through the thumbnail expiation. Use of ITG and others pass that expiration point are subject to additional revenues. Seemed to imply that companies using are on the honor system, but that they'd be auditing periodically, to keep them honest. I'm still wondering why the meeting was in NY instead of SFO? The analyst from Dutton was there and just a listener.

Harvey
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