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Technology Stocks : Ampex Corp. -- Ignore unavailable to you. Want to Upgrade?

To: James Feldman who wrote (4400)	12/17/2007 2:18:04 PM
From: duke of axc	Read Replies (1) \| Respond to of 5839

James when are you sending the letter, and I think you should email it to them as well. It is very hard to believe that a lot of stockholders think that the status quo is OK.

To: James Feldman who wrote (4400)	12/17/2007 2:33:25 PM
From: Nosaj	Read Replies (1) \| Respond to of 5839

Hey James, Are you sending a copy of the letter to value vest??....I think we should let them know we're in agreement w/them and that we have a significant position.

To: James Feldman who wrote (4400)	12/17/2007 8:13:06 PM
From: fuddled	Read Replies (1) \| Respond to of 5839

<<Among the explanations I've received in so many words for keeping things the same: 1. Let's not rock the boat. 2. Management has our best interests in mind because why would they not? 3. ValueVest is to blame, not management, because they published management's response to their email. 4. It's better not to follow ValueVest's recommendations because if Ampex raised cash this way, they would be proving that Hillside was correct and then the whole Company would be in trouble. >> I have a little free time, so why not. #1. And let the boat sink? #2. Due Diligence is the Shareholder's responsibility. This legal principal will hit you in the face if you want to cry in court. Blind faith or trust will be laughed out. #3. That's due diligence. Did you see how the CEO ended his letter? He said he will never respond to questions in email to the largest shareholder of the company. #4. Somewhat true from a negotiating standpoint. However, if they did raise the money, they could pay off Hillside and Hillie would lose a lucrative loan. Furthermore, the company has no experience in securitization, nor in raising money other then borrowing at 10% to 20%. Wouldn't it be prudent to try securitization on a smaller scale at first before attempting it with the mother lode?