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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Harvey H Anderson who wrote (15810)2/20/2002 5:49:33 PM
From: Amboy Charlie  Respond to of 17679
 
Maybe they don't have the money to swing it.



To: Harvey H Anderson who wrote (15810)2/21/2002 10:38:03 AM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
They have 90 days to put out the K, Harvey and Charlie.
And they certainly have to find out whether the note holders are going to accept the new agreement before doing so...I believe February 30th is the date for that. They also perhaps have to find out if they have something worked out on the bridge loan.

And more speculatively ...by implication ... they perhaps have to find out if any attempted extra royalty negotiations will bear fruition. It's at least possible that the existing royalty cash flow may not be expected to meet the goals of the T-3.

( I've had senior moments my whole life, Harvey <g>)