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

To: YerMOLE who wrote (5561)	6/27/2008 3:53:11 PM
From: phoenix2	Respond to of 5839

PLEASE EXPLAIN. NOW THAT THE CHAPTER 11 BANKRUPTCY PLAN HAS UNFOLDED, WHY DID AMPEX MANAGEMENT (STRICKLAND, MC...WHATEVER HIS NAME AND COMPANY) DID ABSOLUTELY NOTHING BUT RUN AMPEX TO 0 (ALMOST)? THIS STRICKLAND GUY WAS A COMPLETE MYSTERY AND PUZZLE TO ME WHEN HE TOOK OVER FROM BRAMSON BECAUSE HE DID ABSOLUTELY NOTHING (BASED ON AMPEX SHAREHOLDERS CONFERENCE CALLS) BUT RUN AMPEX TO THE GROUND. IF THIS WAS THE GRAND MASTER PLAN BY THE MASTERMIND WANTING TO TAKE OVER AMPEX, THIS WOULD EXPLAIN WHY WE HAVE A "DO NOTHING MANAGEMENT TEAM" NOW RUNNING AMPEX. THERE IS NO MOTIVATION. ALSO, THIS WOULD EXPLAIN STRICKLAND'S "DO NOTHING MANAGEMENT STYLE" AFTER HE TOOK OVER AMPEX AND RUNNING AMPEX INTO THE GROUND, CHAPTER 11, AND DELIVERING IT TO HILLSIDE...DOESN'T IT? IT CAN ALSO BE ALLEGED THAT THE MASTER MIND ONCE WORKED FOR AMPEX...CAN'T IT? ALSO, THIS MAY EXPLAIN WHY THEY (AMPEX AND HILLSIDE)HAVE A DEEP FEAR OF HAVING A COMPLETE AUDIT DONE ON AMPEX BY THE BANKRUPTCY COMMITTEE BECAUSE IT MAY REVEAL WHO THE REAL MASTER MIND IS BEHIND THE TAKEOVER, DOESN'T IT?