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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.73-0.6%3:59 PM EST

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To: JoCo who wrote (7423)4/17/1999 9:02:00 AM
From: Milt Best  Read Replies (1) of 17679
 
Food for thought...

Yahoo paid 5.7 billion for broadcast.com

Lets assume TVontheWeb is worth 3 billion (estimate). If AXC owns 51%, AXC's stake may be worth 1.5 bil.

1.5 bil / 50 mil shares outstanding = $15 / shr

Add in the value of AENTV, Reiter and Ampex Data Systems and we will have at minimum a $30 dollar stock.

Given internet valuations, this is probably extremely low!

Comments???

Milt
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