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

To: James Feldman who wrote (5667)	7/25/2008 7:56:02 PM
From: fuddled	Respond to of 5839

Yep. Strickland's compensation for being a part-time CEO of a $30 million company will be $820K. What's more laughable, is that Ampex is barely a "substantial entity" according their post-bankruptcy HSA terms. Hillside seems to want to make Ampex quite an insubstantial entity as they hope to chain their $40-$60 million PBGC pension obligations onto Ampex.

To: James Feldman who wrote (5667)	7/28/2008 9:26:07 AM
From: OPVet	Read Replies (1) \| Respond to of 5839

Business Week had item about yet another company that monetizes intellectual capital, i.e., patents. I believe the company's name is Acacia (unfortunately I lost the piece I clipped from magazine). I am speculating that Ampex either did not try very hard to find help in this area, or they found that there really is vast potential and they don't want shareholders to get any of it. I don't recall any information regarding results from the two companies that they allegedly contacted. Also, as I recall, VV wanted to buy the patents, so they must see great value. This issue was dealt with in the same manner as the alleged attempt to find an equity partner to keep the company going - there really was no valid consideration of that option.