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: Carl R. who wrote (11263)9/23/1999 11:39:00 PM
From: HPilot  Read Replies (1) | Respond to of 17679
 
Don't worry too much about negative book value. Much of it is liability for Quantergy's pension plan for the old Ampex Media. If for some reason Quantergy cannot pay then Ampex is liable for it. This is possible but probably not likely. Might be worth looking into Quantergy's financial health but not sure how since they are a private company. But at least, to my knowledge, the Fed's are not bothering them for pension plan underfunding.