Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: bootsup1 who wrote (3863)	6/3/2001 1:57:24 PM
From: Ed Perry	Read Replies (1) \| Respond to of 4169

Yes to question one. And thanks for the breakdown. Good discussion points. ITG and Net patents at 100 Million. I'm guessing at the per share common breakup value to be somewhere between 1.25 and 2.00/sh after satisfying the debt holders. It all depends on the value it holds to someone. A number of things follow on. * The institutional presence would not have a chance to sell shares in this market but they could bring pressure to bear to sell the enchalada. A certain Mr. Price of xxxxx fund is an example of this approach. * There are and will be more than enough loss carry-overs. Not at all sure here, but perhaps an enchalada buyer can also benefit for applying the loss carr-overs to their own profits nad therefore reducing rheir own taxes. * Using your figures, 85MM debt and 1.50 /sh would need 175MM total of something. If a purchase by someone were involved, it might not be all cash. That is the debt holders would get cash and maybe some equity and the common would receive all equity of someone else's shares. * Here, again Bramson is the wild card. His average cost for his considerable position is above 3/sh (not sure here - that's his problem). If and when he sells Ampex (if it gets to that), he is finished in the financial world - absolutely so. Will he accept this fate or will he pull a Cap'n Ahab. I don't know. Again, if I were a debt holder or an institutional, I would have signed documents in blood (Bramson's) detailing the disposition of these eventualities. * The bright side is that, there ARE assets. DST does have value in the Digital Video World. Net streaming will evolve into an important perhaps lucrative medium. I see nothing wrong with the fruition of these assets when developed by the proper executive parties. Unfortunately, it may just not be Ampex and Bramson. No hard feelings there, it's just business. Ed Perry