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

To: Andrew who wrote (9905)	7/9/1999 12:57:00 PM
From: bchunter38	Read Replies (1) \| Respond to of 17679

That would be 5 inside trades...just looked at one of them but it was an acquisition of shares so i assume the others were also by the officers of the company...at least some of em are showing faith in the stock...

To: Andrew who wrote (9905)	7/9/1999 4:26:00 PM
From: Michael Olds	Read Replies (1) \| Respond to of 17679

Two executives exercised options: Carol Rudisill 25,000 @$4.25 Ray Marione 15,000 @$4.25 Also, three directors exercised options: Doug McClure 10,000 @$3.75 Peter Slusser 10,000 @$3.75 Bill Stoltzfus 10,000 @$3.75 Thanks Yahoo COUNTBUGULA for summary As I understand the discussion (and I do not understand the topic) Options would have been exercised now in anticipation of a stock price rise in the case of those who wished to keep the stock for sale at a higher price in that tax is paid on the option conversion at the time of conversion. In other words, to convert later would have involved paying taxes on the profit even if they intended to keep the stock. Someone who knows please confirm or deny!