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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 12.44-8.4%Jan 30 9:30 AM EST

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To: Stephen M. DeMoss who wrote (1338)12/1/1997 9:05:00 PM
From: Thomas Kirwin  Read Replies (1) of 17679
 
Steve,

My sources indicate that Mr. Bramson actually borrowed the money from AXC in order to make his purchase. This loan is fixed at a low rate of interest. He only put up aproximately 20% of his own funds.

Gutsy move!

Regards,

Tom
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