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Technology Stocks : Ampex Corporation (AEXCA)
AMPX 10.61-6.2%Dec 1 3:59 PM EST
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To: Dave Heibeck who wrote (8532)5/19/1999 5:53:00 AM
From: Hal Campbell  Read Replies (1) of 17679
 
Generally agree with you and Ed, Dave ....we'll see. One faint possibility is that TVontheWeb itself will be using the money to acquire another operation. Slight possibility that they ran into a bargain too. That which enhances its value will enhance AXC's also of course.My best guess...and it is just that...is that Ampex ran into more investment banker enthusiasm for a rapid IPO than they may have anticipated ......or some event will soon be taking place that would bolster the reception to such an IPO. I doubt this will delay the exercise of the Reiter's option. But no way to know for sure but wait.
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