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Technology Stocks : Ampex Corporation (AEXCA)

AMPX 10.12

-1.8%

Nov 21 9:30 AM EST

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To: Zeev Hed who wrote (8476)	5/27/1999 10:39:00 PM
From: Carl R.	Read Replies (3) of 17679

Hi Zeev. We've got some numbers on TVoW's revenue from this article that was just posted: amcity.com In 1998, TV onthe Web brought in $750,000, a hefty portion of Gardy-McGrath's revenue of $4.25 million. This year, TV on the Web has already rung up revenue of $1.5 million. Apparently the revenue for TV on the Web is significantly ahead of my projections in post 8475. If they have done $1.5 million already with only 15-20 channels operational, what will they do in the fourth quarter with 100 Channels operational? I presume they'll do $10 million or more. My guess is that by the middle of next year TVoW exceeds Ampex's current size. With this kind of growth, that PSR will get knocked down to size in no time flat. Carl

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