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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 11.51

+5.9%

3:59 PM EST

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To: Thomas Kirwin who wrote (8276)	5/11/1999 9:32:00 AM
From: Carl R.	Read Replies (1) of 17679

Am I just making a loose reference based on NO empirical evidence? Would I do that? Here are a few articles on recent internet IPOs: cbs.marketwatch.com www2.ipo.com zdii.com They are primarily focused on the recent weak performance of CDOT, LATD, and SILK. Another IPO today, Careerbuilers may also be weak in my opinion. Note in particular that the post IPO performance of internet IPOs has been steadily dropping indicating that the market is getting saturated. This table from the first article is of interest: Jan IPOs +298% Feb IPOs +234% Mar IPOs +158% Apr IPOs +73% May IPOs +34% It is true that these were not video IPOs, but I'm not sure that would matter. Carl

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