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


To: valuehunter who wrote (5785)11/21/2008 9:20:46 AM
From: Thomas Kirwin  Respond to of 5839
 
The old AXC stock symbol has been recycled and now belongs to Advanced Technology Acqu Cor.



To: valuehunter who wrote (5785)11/28/2008 8:35:59 PM
From: Hal Campbell  Read Replies (2) | Respond to of 5839
 
My 1957 baseball card had Wes Covington with the Milwaukee Braves, IC....but he probably moved on.



To: valuehunter who wrote (5785)12/9/2008 2:47:41 PM
From: Hal Campbell  Read Replies (1) | Respond to of 5839
 
Sorry to all for the lag in my replies....hard to get bus service to this site nowadays <g>.

You were not seeing things, IC.

The Ampex Class A (AXC) ticker is now owned by the

Advanced Technology Acquisition Corp

It has NO business as of yet; but a market cap over 200 million. ( I wonder if it has redeemables, convertibles, and senior notes? probably does....lol)

Advanced Technology Acquisition Corp. is a blank check company that was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination with a technology or technology-related business that has operations or facilities located in Israel, or that intends to establish operations or facilities in Israel, such as research and development, manufacturing or executive offices, following its initial business combination. As of March 26, 2008, the Company did not have any specific business combination under consideration. The Company is in development stage. As of March 26, 2008, Advanced Technology Acquisition Corp. was not engaged in any business operations.

It is trading at 7.50 a share. Very mysterious company (hmmm...that sounds oddly familiar too)