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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.82+0.8%Nov 26 3:59 PM EST

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To: Stephen W. Leahy who wrote (6466)3/24/1999 6:16:00 PM
From: Hal Campbell  Read Replies (2) of 17679
 
Steve, Jubimer. Someone please. My probably mistaken impression was that those shares already had been scheduled to be siphoned out into the float over 8 years or so. Any acceleration of that was at the option of AXC. Am I mistaken...and, if not, did AXC choose to accelerate the conversion for these shares? Thanks in advance for educating me.
PS .... stock price has been holding up fairly well against that kind of sales pressure.
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