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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?

To: killybegs who wrote (9343)	6/18/1999 9:00:00 PM
From: Ed Perry	Respond to of 17679

LIST is CLOSED!... question gremlins now hard at work. (EOM)

To: killybegs who wrote (9343)	6/19/1999 12:31:00 PM
From: Michael Olds	Read Replies (3) \| Respond to of 17679

>I have been tied up( almost literally)...hummmm, sounds, um, never mind. My gut tells me they would not have stated that they will use stock (when they did have a choice) unless they had already obligated themselves to do so. One of the many things that bothers me about this is that these arrangements were made prior to the broadcast.com buyout hitting the screen. Remember: "That changed everything." So where a strategy that allowed for a low stock price for three quarters originally would not have mattered too much then, it would be a big mistake in the current picture. If the meeting on the 28th is intended to put us into the Internet game (i.e. dramatically increase share price), how is that going to alter the strategy of the holders of the convertable? . . . both in the next few days, and in the following 2 quarters?