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


To: killybegs who wrote (3788)11/10/1998 10:33:00 AM
From: Stephen W. Leahy  Respond to of 17679
 
Jubimer,

I'm sure you're aware that Fidelity acquired those shares in the preferred exchange that AXC announced on 7/6/98.

It does not appear they were a buyer in the market.

In fact, looking at the 8K filed by AXC on 7/15/98, it appears that Fidelity received MORE shares than indicated by the Bloomberg filing you referenced. It looks like Fidelity may have actually been a SELLER of AXC in the open market.

Someone may want to take a closer look. The 8K is very long. At the end it shows how many shares each preferred holder received. Fidelity has a number of accounts which must be added together. I only took a quick estimate.

A total of 3 mil. shares were issued in the exchange to all pfd. holders. I assume this is part of the supply we are seeing along with continued tax-loss selling.

Normally this type of mechanical selling creates a buying opp. at some point. But I don't see any reason for any major buying in AXC until some significant news is forthcoming.



To: killybegs who wrote (3788)11/23/1998 8:39:00 AM
From: flickerful  Read Replies (1) | Respond to of 17679
 
notwthstanding the probable price tag,
does anyone recall my mention [several months ago]
of pluto technologies....here's the amusing part:
i thought they looked like a gem of an
acquisition.....ha.

they seem in relatively fulls wing,
with a non-linear editing product, the
VideoSPACE(tm) Digital Video Recorder
and HyperSPACE, a High Definition Recorder
which allows telecine film to tape transfers at
greater than real time rates...are being used now
by [hbo, turner, warner bros, msft, wpix, cbs & todd-ao] among others.

but this release really
[makes me want to shake ed & the gang.]

plutotech.com

Sony and Pluto Team Up to Create an HDCAM-Based Server for High-Definition Post Production and Station Automation Systems

LOS ANGELES--October 8,1998 Sony Electronics and Pluto Technologies International have joined forces collaborating on the market release of HyperSPACE HDCAM(R), a playout server to be utilized in broadcast applications for HDTV random-access station automation and as a high-definition disk recorder for post-production applications.

The product has been developed by an R&D team of Pluto Technologies using advanced HDCAM compression technology from Sony Electronics.

The HyperSPACE HDCAM system will be integrated by Sony's Systems Integration Division as a part of high definition applications and systems. The product allows broadcasters, cable operators and post-production facilities to operate in a purely HDCAM environment, minimizing generational video quality loss and dramatically improving the on-air product.

"This relationship enhances the architecture of our HDCAM system and creates a 'plug and play' HD solution for broadcasters and post-production facilities," said Anthony Gargano, senior vice president of the Communications Systems Division for Sony Electronics' Broadcast and Professional Company. "With this new server, Sony's Systems Integration Division can create a complete, cost-effective DTV system with Betacam SP(R) equipment-like controls and it will create a near-seamless transition to HDTV production for broadcasters and post-production facilities."

"The HDCAM solution is an extremely attractive choice for high definition station automation, post production, network time delay, telecine and other HDTV applications," stated Mark Gray, CEO of Pluto Technologies. "We are pleased to provide such an important piece of the Sony HDCAM total solution."

With Sony's HDCAM format and Pluto's server architecture, the HyperSPACE HDCAM system utilizes HD-SDTI interfaces to transport the compressed HD video bitstreams between video servers and Sony's HDCAM family of video tape drives, including the HDW-500 editing VTR. This advanced bitstream integration allows lossless transfers to and from HDCAM VTRs or to multiple HyperSPACE units without recompressing. The system works within existing serial digital infrastructures and digital routers, allowing broadcasters and post production users to migrate to DTV with minimal investment.

In accomplishing this, Sony will be introducing three new HD-SDTI products -- the HKDV-506 SDTI high definition encoder/decoder card for the HDW-500 VTR, as well as the SDTI high definition HKPF-E270 encoder and HKPF-D270 decoder -- to add to its existing HD conversion and distribution line.

The HyperSPACE HDCAM system will initially be offered in several packages ranging from a simple server/encoder package, for reliable storage and random access to media, to larger systems with the BVE-9100 editor, an HDS-7000 switcher and HDCAM VTRs. Systems are designed to serve in a variety of applications: program and commercial playout under station automation control, a network time delay/pass through system, and a simple HyperSPACE HDCAM/HDW-500 HDCAM VTR system for lossless transfer of high definition video.

"Working with Pluto gives us the quickest path to the best solution for our customers," Gargano said. "Also, the relationship we have with Pluto allows us to stand behind the integrated system as a Sony system with complete assurance of the performance and reliability of each and every component."

"Pluto and Sony are going to provide the industry with superior solutions from HDTV broadcast to digital production and post-production," Gray said. "Furthermore, these products move us one step closer to the digital plant of the future with multistage archiving and instant random access of HDCAM video files."

The HyperSPACE HDCAM server will be available as part of complete production and post-production systems from Sony's Systems Integration Division.

The Broadcast and Professional Company of Sony Electronics is an Emmy award-winning, leading U.S. provider of video and audio equipment for the broadcast, production, business, industrial, government, medical and education markets. Sony offers a wide array of products and systems for image capture, production and display. Sony also provides specialized equipment and systems for data recording, duplication, electronic photography/publishing, videoconferencing, high-definition video, interactive and security applications. In the fiscal year that ended on March 31, 1998, Sony Electronics had record sales of $10.5 billion.

More information about Sony products can be found on the World Wide Web at sony.com, CONTACT: Sony Electronics Inc., Lisa Young, 408/955-5683, lisa_young@mail.sel.sony.com

Pluto Technologies International Inc., based in Boulder, CO, designs and develops computer based video storage and networking solutions for post production, broadcast and other high bandwidth industries.

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Pluto Technologies International Inc.
2511 55th Street, Boulder, CO 80301
TEL (303) 402-9000 FAX (303) 541-9343
info@plutotech.com