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

To: Michael Olds who wrote (9384)	6/20/1999 1:44:00 PM
From: Michael Olds	Read Replies (1) \| Respond to of 17679

OT? Before the 28 th … it used to be possible with the old Real Player to fiddle with (I forget which) some instructions and have the video remain on your hard drive for later viewing. Does anyone know if something like this can be done with the new RealPlayer G2? (I tried the trick that worked with the old player and it did not work with the new one.) Also: is anyone out there familiar enough with VBA to help me with a little problem: I have a column of figures to which a new set is added at the bottom each day; that last figure is linked to various other places (i.e., the sum of daily price changes is added each day and sent to a portfolio). Or, I have a column of numbers which changes each day and is (currently) copied and pasted to the next open on the right (I have this one automated); the figures in this new column are totaled, and the total is used elsewhere. How do I say: Update using the new figure from the latest entry in a column, or from the latest column? Any help on either or both will be appreciated! Respond via PM to avoid clogging board.

To: Michael Olds who wrote (9384)	6/20/1999 2:41:00 PM
From: killybegs	Read Replies (1) \| Respond to of 17679

Mike, I think it is helpful to recognize that the investment styles of these holders and anyone else that does convertible arbitrage is that they are risk adverse investors. While they may believe the redemption will be paid in stock, they will not short stock until they know for sure they will receive stock as the redemption. In this particularl case, all these holders are already long common stock. Any selling they do in front of the June 30 date may be an amount of shares that they have estimated will be replaced when the redemption is declared and if it is payable in stock. Re ticking off etc...these are institutional investors. There is nothing personal about it. They are fully aware that Ampex will do what is in the best interests of all holders...Indeed every company has a corporate governance responsibility to do so. When the next financing comes up ( and Ed has indicated they do NOT need cash; they have cash in the bank and it looks to me as if royalty income is doubling here), the institutional investors will judge it on its merits. They should have no quarrel or lack of confidence in Bramson et al. The 1998 package has been already been substantially profitable for those preferred investors.