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Technology Stocks : Ampex Corp.
AMPX 13.59+6.8%Nov 10 3:59 PM EST
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To: Hal Campbell who wrote (5422)4/22/2008 12:41:33 PM
From: phoenix2  Read Replies (1) of 5839
 
It's all a question of trust isn't it? Based on the current management team's past performance, I would trust a new management team representing the interest of the stockholders more. I'm assuming that the new management team will be more open and transparent about what they are doing to get this company going again, especially about restructuring the debt. There is just too much conflicts of interest with the current/past management team of Ampex and Hillside. The way that they went about structuring and declaring the Chapter 11 bk, do you (can we)really trust them? Who does the Chapter 11 bk protect? That is why only a criminal investigation by the SEC would clear the matter up. There has just been too much secrecy going on with this current part-time (?) management team.
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