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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.17-6.5%Jan 23 9:30 AM EST

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To: MARCIA J. SHATTAN who wrote (3417)9/16/1998 12:06:00 AM
From: Hal Campbell  Read Replies (1) of 17679
 
<<Is there a date when we may expect a ruling from the court and if it should find for Ampex can Mitsu again appeal? >>

Count Bugula ( LOL) on Yahoo - who seems to understand these things- said he expects a ruling before the December recess, Marcia.
Could take longer though. They cannot appeal indefinitely. To the best of my limited understanding, this is the toughest of their three suits against Mitsubishi to establish - and it involves revenues that AXC is not receiving at all right now. i.e. revenues from TV receivers.
If they should lose the other two..there is , in my opinion, some risk of royalty erosion. Yeah, this ( all 3 suits) could all go on til the cows come home... but somehow I do not think it will.
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