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Technology Stocks : Ampex Corporation (AEXCA) -- Ignore unavailable to you. Want to Upgrade?


To: Stephen D. Wilson who wrote (2587)4/21/1998 11:13:00 PM
From: Hal Campbell  Respond to of 17679
 
<<Does it mean that they will pay the preferred shareholders of Micronet the $3.5 mil or will they issue out $3.5 mil in preferred shares of Ampex?>>

As I read it, Steve, they will be paying 3.5. Details will be in the 10Q.
Clearly that 3,5 will be the only immediate cash out of hand. Excellent use of leverage.