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Technology Stocks : Ampex Corp.

AMPX 13.57

-3.8%

Nov 3 3:59 PM EST

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To: phoenix2 who wrote (5709)	8/29/2008 1:17:31 PM
From: Nosaj	Read Replies (2) of 5839

<<<<I think a more revealing question to ask is "What possessed Ampex management at the time not to sell off shares into the market strength (when it went up to $50+/share price at the time) and pay off all its pension liabilities at the time. Management could have done this, in addition to using the proceeds from its patent revenues, to pay down its pension debt.">>> It's not criminal to be incompetent, phoenix. However, James' affadavit uncovered a number of issues that could be imo. Us little guys always get hosed against big business imo. IMO, our only chance was James Feldman's extraordinary work and from what I understand, (I could be wrong) the judge basically blew him off and even gave ampex management indemnification. Bramson, Mckibben, and Strickland are just white collar crooks that know how to play the system. All we have left is that Karma thing. They are a bunch of no good, rotten, greedy bastards.

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