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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.12

-1.8%

Nov 21 9:30 AM EST

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To: Hal Campbell who wrote (6759)	4/4/1999 3:33:00 PM
From: Michael Olds	Read Replies (1) of 17679

Hal and others interested in the Fireside chat. This was a very interesting dialogue. I believe the most benefit to everyone will come from a careful reading of the transcript when it comes out. Much was said in what was not said. A couple of general points which will not likely to be misleading: In the public relations arena we "ain't seen noth'n" compared to what is in store for us during April. There will be "several" announcements during NAB Prior to posting of the transcript, which I heard would be Monday, check out the Yahoo board where there is a little more detail. A few more chanels will be added shortly, and a Woman's chanel is in the works. The IPO issue is the one which will prove most interesting, and require the most careful reading of what was actually said. My take was that we can certainly believe that the IPO issue is being discussed. The statement to the effect that "there is a certain logical timing to an IPO which has already been discussed on the boards," was very interesting. All in all it was hard not to leave the discussion feeling optimistic about AXC, especially it's prospects for April.

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