Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 11.27

-9.1%

12:01 PM EST

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To: killybegs who wrote (3184)	8/6/1998 1:38:00 PM
From: CompJock	Read Replies (1) of 17679

Just spoke to Investor Relations (Karen). Nothing much new. Bramson feels our pain (owns a ALOT of shares). Earnings will be out between now and the 15th. They cannot buyback stock if liabilities exceed assets. If there is insider buying you will not see anything for a month (regulations you know) The appeal will not incur large legal costs She answered one question lingering in my mind. It seems as though the tax adjustment we saw last quarter, will be continuing for awhile (although she would not, understandably, comment on the size of these writeoffs.)

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