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


To: Hal Campbell who wrote (5425)4/22/2008 2:35:00 PM
From: Nosaj  Read Replies (1) | Respond to of 5839
 
<<<Nosaj, I had that same idea about trying to get some big company to swallow the redeemables and convertibles years ago.....even proposed it. Then I slowly realized companies didn't get big by being in the habit of paying many tens of millions of dollars for 50% of maybe.>>>

It's very easy to shrug off and assume that, Hal, but was it tried??...I bet not. How many of these behemoths would like to have control over these patents and how to enforce them??...and how would companies line up to pay knowing they had very deep pockets to put them through the wringer??

IMO, Bramson and his cronies on the board are white collar crooks trying to steal the company from the shareholders. It will all come out very soon. Little ole ampex will be on the front pages again.

Hal, Bramson is incompetent as a CEO. He has a track record to prove what I'm saying. Any rich guy can be a CEO; but can they run a successful company?? Bramson is a failure by any measure. What say you??



To: Hal Campbell who wrote (5425)4/22/2008 2:37:07 PM
From: phoenix2  Read Replies (1) | Respond to of 5839
 
<<Now that would be an excellent first step, Nosaj! Did I read correctly that there will be an all new board and management team if the deal clears? Modern IP background is absolutely critical>>

Too late "if the deal clears". Again, the question is "Who does the Chapter ll benefit the most?" If there was any "conflicts of interest" when the deal was worked out between Ampex and Hillside then the deal should be null and void; and a new management team with IP background should be put in place to sort out the mess that was created by the current/past management.