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


To: phoenix2 who wrote (5806)12/22/2008 4:34:28 PM
From: phoenix2  Respond to of 5839
 



To: phoenix2 who wrote (5806)12/23/2008 11:12:00 AM
From: Myothername  Read Replies (2) | Respond to of 5839
 
I have not received the notice, but expect it will come soon - maybe when the mailman can get through the snowdrifts.

I am looking forward to getting the "registered" piece of paper so I can put it in the file and forget it.

.....and, I think most importantly, write off the big loss that keeps showing up in my brokerage account. I would like to hear opinions about "writing off the loss" while I am still holding the contingent rights.

Your question about a cash amount to be distributed: In the settlement accounting, they valued these contingent distribution rights at $500,000. This is not an amount that will be distributed. It is a hypothetical value of the contingent rights that will someday be worth "zero" or "millions", take your pick.



To: phoenix2 who wrote (5806)12/24/2008 10:16:26 AM
From: WASH  Read Replies (1) | Respond to of 5839
 
They are going to offer you peanuts. They didn't steal the company to make things better for you.I got the forms from Fidelity a week ago and am not sending them in until the last week of January if i do at all, because you never know what could happen.I'll take the tax write off rather then help those thief's.

Yas.