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

To: Hal Campbell who wrote (5124)	2/2/1999 3:28:00 AM
From: B. A. Marlow	Read Replies (1) \| Respond to of 17679

Understand why reverse split might have been premature earlier, Hal. And by certain Wall Street conventions, it's still premature. You kinda want to tie it into a nice earnings report so that it stands on some fundamentals. (Of course, if you have great fundamentals, you don't need a reverse split, right?) Situation now is seductive, though. Barring major "wins" of traditional business, reported earnings will inevitably be deferred while the Web initiative builds out. Could take a year or more. But the Web strategy itself is sufficiently bold to announce the "New Ampex," and this story supports the reverse split. Ed B. unlikely to do it, I guess. But then, he didn't advertise on the Super Bowl, either. I would do both! BAM