Ampex Corporation (AEXCA) Message Board

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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 11.32

+4.7%

Nov 28 9:30 AM EST

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To: Michael Olds who wrote (6723)	4/1/1999 8:48:00 PM
From: Carl R.	Read Replies (1) of 17679

I've seen plenty of "funny" closes, and I don't worry too much about them any more; they are just a fact of life. But I do agree strongly with your point that a rapidly rising price is important to the companies success. It will allow stock acquisitions, give value to options increasing morale and motivation, and have a host of benefits. Another might be to do a secondary to repay the debt. Actually doing a small secondary might be just what the doctor ordered. Whoever they chose as an underwriter would have to initiate coverage! They could initiate AXC as a strong buy and an internet play! Carl

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