SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: killybegs who wrote (11252)9/23/1999 9:34:00 PM
From: Carl R.  Read Replies (3) | Respond to of 17679
 
The problem with that is that the resulting shell of Ampex is empty, and would be at serious risk of bankruptcy. Its cash is depleted, yet it still has the junk bonds and redeemables to pay. I don't think the bond holders and redeemable holders would like that proposal very well.

Carl