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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 11.39+4.8%3:10 PM EST

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To: wanmore who wrote (7410)4/16/1999 11:53:00 PM
From: Carl R.  Read Replies (2) of 17679
 
Yes. First of all, Internut stocks are still red hot and near all time highs. New IPOs are still selling out. But someday the market could come to its senses and be more selective about internet IPOs. If TVOW waits until a few high flyers fail, they will never get the high valuation they want. Better to strike while the iron is hot. Maybe the iron will get even hotter if we wait, but maybe it will get completely cold.

Another factor to consider is that all these big names they are bringing in cost money. Opening European operations and production facilities in multiple cities costs money. Rapidly expanding server capacity costs money. AXC has some, but by no means an unlimited supply, and potential competitors have much, much more. AXC can't afford to risk running out, and should do the IPO now, assuring that they have plenty of cash to remain competitive, and plenty of cash to expand at the rapid rate that they have in mind.

Carl
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