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

To: don_lapre who wrote (4140)	7/20/2001 3:40:07 PM
From: Harvey H Anderson	Respond to of 4169

I agree with you Don, maybe now that the Internet costs are behind us and we're back to our core business things will get better. Since we won't be using it, ITG should be a revenue enhancer in addition to our other current licenses. I added another 20,000 shares today at .11. Up 10%. Of course the other 170,000 shares I have are down on average 95%. What the heck, whatever I leave to the kids will probably be gone a year after I'm gone. Bud

To: don_lapre who wrote (4140)	7/20/2001 3:41:22 PM
From: Michael Olds	Read Replies (1) \| Respond to of 4169

Also, they do still have the ITG technology, they can license, I'm conviced that was real. My spec (I'm out a while back, for the record) is how nasty will the debt holders get. It could pay to go into ch 11 just to protect shareholders from a complete wipeout. At least that possibility, or the possibility of a debt for equity deal is going to hold this at near zero for a long while. My immediate thought is it plays between .03 and .15, and it won't show it's true colors for at least two weeks. But my question is....no old beatnicks out there?

To: don_lapre who wrote (4140)	7/20/2001 3:50:22 PM
From: Ed Perry	Respond to of 4169

Yeah, I agree. It's ultimately good news. Ampex didn't have a chance at making a go of it in the Net arena. A combination of bad markets, bad revenue models and inappropriate management - Bramson bunch was never up to the task. Falling back to ADS and royalty income is the alternative to Chapter 11. Today's announcement is not a bankruptcy announcement, just the opposite. It's a responsible move in the light of a cash flow disaster and a responsible recognition of financial obligations. What the outcome will be is no moon shots, probably pink sheets and a trading range of .25 cents to maybe 1.25 (long term). Today's selling is the emotional reaction to the lost moon shot hopes, the last squeezing of the Bear visiting this last refuge of hope. Now, AXC is a trading range penny stock given to 75 cent trading ranges. That's probably all it ever was for the last two years. There is a possibility of selling ADS plus royalties and the tax writoffs. Probably an exchange of stock for stock and an assumption of debt. I doubt this though. I expect that Bramson will still want to be CEO of something even if it a 35 person company. Incidentally, with iNEXTV gone and ADS pared back, I would put the required head count at 30 for ADS and 5 executive staff. That would probably be a profitable company - even after paying debt costs. Ironically, this is probably a great buying opportunity for a five (?) bagger 75 cents? Not the moon shot that all the emotions were attached to (including mine) but certainly a mid risk longer term trading opportunity. One "good" thing is a cashing out of plenty of holders on. You know, when the last seller is gone ... Ed Perry