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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 12.18

-0.3%

Dec 5 9:30 AM EST

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To: Hal Campbell who wrote (8054)	5/1/1999 1:09:00 PM
From: Thomas Kirwin	Read Replies (1) of 17679

Internet video sector boosted by Broadcast.com deal Reuters Story - April 01, 1999 15:17 By Eric Auchard NEW YORK, April 1 (Reuters) - The planned $5.7 billion merger of Internet media network Yahoo! Inc. and Broadcast.com Inc. , the top supplier of audio and video programs over the Web, speeds the day when Internet viewers will watch and listen to video instead of reading endless pages of static text. Investors responded Thursday by bidding up the stocks of not only Yahoo and Broadcast.com, but a host of rival players in the field of Internet broadcast services and software. Already, many Internet users are gearing up to view thousands of video channels over personal computers or cable televisions using high-speed Internet links. Millions use Internet audio software to tune into hundreds of radio stations, investor conference calls and football games carried over the Internet. The video-viewing technology has been spotlighted over the last six months to watch President Clinton's grand jury deposition tape, John Glenn's space flight and the Victoria Secret fashion show. "You are seeing a scarcity value start to pop up in this segment of the Internet market, said Abi Gami, a stock analyst with William Blair & Co of Chicago. "Some very valuable assets are being taken off the table for the first time." Continued....... marketwatch.newsalert.com

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