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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing! -- Ignore unavailable to you. Want to Upgrade?

To: bootsup1 who wrote (3858)	6/3/2001 11:12:31 AM
From: Hal Campbell	Read Replies (1) \| Respond to of 4169

Yeah Boots..the 2 million has to be per quarter or they would be broke already. There is no getting around the fact that this situation is grave .....hope that's descriptive, not literal. I think the sudden drop in ADS sales may have been the last shoe they did not expect to drop (obviously the inventory buildup tells us they did not) - but when you put a division up for sale without any result for so long...and that company sells very high ticket items ....and uncertainty pervades the thoughts of both the workforce and potential customers? Natural result. That "second offer" on ADS must have been quite small. And the patent inclusive one not large enough to justify a slash in the royalty stream. Many missteps and bad breaks. Some unavoidable and unpredictable in this business. My primary bellow of shareholder complaint goes back to the beginning of their venture into this field. The JV money they seek now was the easiest of pickings for an extended time. You don't start growing tulips during a tulip mania without selling a few....you just don't. They didn't choose to sell a one. Now it is fire sale time for anything and everything, and they may be forced to pawn the family jewels. On the dark side, and this situation is quite serious, I do not see how the price can hold here.But institutional investors are pretty much stuck,they can't get out....not enough volume. Many of the longs are probably fatalistic - they won't get out. At some point more gamblers will step to the plate perhaps.For awhile anyway. On the hopeful side, given the potential of streaming media 100 million or less is really not that much money in corporate terms IF Ampex can convince anyone anywhere they have something unique to bring to the party to come. It looks to me like they do, but I am not the one who will make that call.

To: bootsup1 who wrote (3858)	6/3/2001 11:29:14 AM
From: Ed Perry	Respond to of 4169

Boots: Two things which must override everything is to observe price action as one big component in your judging the situation next week and to observe the institutional activity. For the first, watch price and volume next week. Then factor in the gloom and doom from the annual meeting and see what effects there are. For the second, see: insidertrader.com The as of date is 3/31 meaning that the reports came in during April and May. Something does not add up. I suspect that Bramson is basically an arrogant son of a ***** and when talking to the likes of you and me types holds his nose and produces the "it can go to zero" or "it could be ugly here toward the end of the year." Does he say this to the debt holders? to the Institutional investors when they call up? NO NO NO by 1000 times NO. I'm certain that, with these people, Bramson sucks up bigtime. One other outcome that is a possibility. The patent approval should be forthcoming the later part of this year. As iNEXTV ingratiates itself in MSFT, YHOO, cripes even JUNO (if they survive), the utility of the iNEXTV will become perhaps commoditized yet patent protected. There is always an outright sale of the whole enchalada. ADS PLUS the entire patent (except for ITG) portfolio should be enough to bury the Ampex legacy. iNEXTV production studio assets including "know-how" (does not come cheap) and ITG's patent would then be the salable goods. SWAGGING at 100 Mill for this part of the package. Given the record of execution the last few years, many many CEO's would have resigned or announced that the assets were up for sale. Will Bramson be emotionally capable of arriving at this? Or, will it be, '"My Company my company you can have it for $40/sh". I don't know. Anyway, if there is a BIG EGO problem here, the debt holders may turn out to be our friends, kind of. On the other hand, as far as a VC or JV is concerned, again I have my doubts that Bramson is emotionally capable of working well with other people - at the same level. Here, hopefully, the JV or VC will force an management / director presence that is an even bigger SOB - they do exist, that I'm certain of - no caps on supply here. One footnote. I'm interpreting hints that AENTV is also a candidate to closedown. It would explain a lot. Like why AENTV is not on ITG and the "delay in getting the phones installed" - I never bought that one. Ed Perry