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

To: Ed Perry who wrote (4204)	12/29/1998 12:04:00 AM
From: Hal Campbell	Read Replies (1) \| Respond to of 17679

<< Very likely then there will be a price spike (and an exit point for the longest suffering). >> LOL..must admit there are days now and then when that is all I ask of Ampex stock. An exit. Hope the company heeds your hints, Ed. Also...from the 14A Jubimer cited ( and I must admit that it really disturbs me I did not remember the degree of insider holding) ...whether from open market purchases or not, the number of shares owned at the time of the filing - later additions by Bramson and Talcott to as specified in Stephen's post ( thanks Stephen ) Edward J. Bramson(1) 8,310,091 Craig L. McKibben(2) 3,050,136 Douglas T. McClure, Jr.(3) 22,500 Peter Slusser(3) 12,500 William A. Stoltzfus, Jr.(3) 13,500 Robert L. Atchison(4) 301,000 Richard J. Jacquet(5) 131,000 Joel D. Talcott(6) 173,000 All current directors and executive officers as a group(7) 9,161,591 And so ....one reason that there have not been more insider purchases even at these levels is that most officers have a very large stake in the company already. Given the performance of the stock in the last few years - which really has been worse than the performance of the company - why buy more? If any future insider buying beyond Bramson and Talcott does take place in times ahead we perhaps should take special note for the same reasons. As a note...there has been less insider selling from AXC in the last few years than in any stock in my limited range of participation. Dedicated group in that regard.

To: Ed Perry who wrote (4204)	12/29/1998 3:26:00 AM
From: Gus	Read Replies (1) \| Respond to of 17679

Good points, Ed. Let me just add that AXC doesn't even have to showcase its high quality video and audio technology right away. For instance, there's a mad scramble currently underway to provide a free service for shareholders by streaming the conference calls of the top 100 Nasdaq companies over the internet in 1999. Broadcast.com is at the forefront of this effort and it's going to reap a tremendous amount of goodwill and visibility among its current and potential stockholders. Now, if Ampex had bothered to put up a website while it mulls over its acquisition strategy, it would be in a position to join in the fun and use its technology to distinguish itself from the crowd. Because of bandwidth limitations, it's necessarily cheesy audio versus cheesy audio, cheesy video versus cheesy video at the start. Before there was a chicken in the chicken and egg riddle, there was a genetic break that involved a non-egg-laying predeccesor to the chicken. What we may have in Bramson is an ex-wall-street-whiz turned technology corporate raider --- ala Asher Edelman who seemed to be paralyzed into inaction as his Datapoint tailspinned out of the NYSE --- who is still struggling to adjust to the internet economy. At some point, Darwin's rules just take over. Look, I don't mean to come down too hard on Bramson because he certainly has a much larger stake in Ampex than I do. And I have never even once suggested that his ulterior motive is to ultimately take Ampex private and break it into small pieces and sell it. He can't do that without getting into trouble with the Pension Benefit Guaranty Fund that has the power to declare any plan "open" which would allow it to go after even the personal assets of the principals of a company. AXC is still on the hock for the pension plans of Quantegy -- the old tape biz -- that was given to a creditor group during the 1994 reorganization. But jeez, when Catholic Bishops can see the potential of the web and are acting posthaste to prosleytize and sell merchandise via Jesus2000.com while Ampex is still thinking about it, one has to really wonder if Ampex high command is really in the words of Jonathan Moreland of InsideTrader, "...waiting for salvation."

To: Ed Perry who wrote (4204)	12/29/1998 4:11:00 AM
From: flickerful	Respond to of 17679

from pc magazine....top 10 internet market predictions for '99. 1. Greater proliferation of e-commerce sites 2. Advanced Web site personalization 3. Expanded community Web sites -- Web sites where people exchange information and ideas 4. Faster PCs 5. Lighter notebooks 6. Proliferation of flat-panel displays 7. Greater advances in digital imaging devices 8. New tools that let anyone create multimedia elements 9. Increased range and variety of Internet enabled gadgets 10. Speech recognition in all types of consumer products "The Internet will continue to expand, particularly in e-commerce in 1999," says Michael J. Miller, executive vice president and editor-in-chief of PC Magazine. "This will be fueled by more and more people using the Web, new tools that make the online experience easier and more useful and more companies entering the e-commerce space." In 1998, it seemed as if almost every business sported a Web presence or was preparing to go there, continues Miller. "We saw all sorts of new places to shop electronically. Web sites that sell books and music aren't new, but they have really improved over the past year. And, we've seen a lot of new places to buy everything from computer equipment and clothing to flowers and groceries." also....the editors' list of top products for 1998 include: -- Internet: Excite -- Networking: Intel Express 10/100 Stackable Hub -- PCs: Toshiba Tecra 8000 -- Peripherals: Sony Digital Mavica -- Software: Adobe Photoshop 5.0