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

To: Hal Campbell who wrote (5338)	2/6/1999 5:50:00 PM
From: Michael Olds	Read Replies (2) \| Respond to of 17679

AXC strategy. "DST should grow someday, but they are really just too good for their own good.." I was watching AXC for some time before I invested, but did make the jump after I heard Mr. Bramson in an interview he gave to a local PBS show here called "Technation" (in which a very intelligent Moira Gunn talks about all kinds of technological developments from a base of her own considerable experience). This was on the 50th anniversary of AXC (date uncertain). At this time, Mr. Bramson appeared to me to be saying that the refinement of the software for these machines was making quantum leaps toward simplification and would soon result in much more mass market oriented products. I followed up on that last year, speaking to Karen, who stated that there was never any intention of going mass market. My own observation is that everything is becoming much more powerful, and the high end is coming closer and closer every day to the middle. Is there no possibility that a mass market product might emerge from this technology? Especially the software in video editing programs, etc.?

To: Hal Campbell who wrote (5338)	2/6/1999 6:56:00 PM
From: Michael Olds	Respond to of 17679

Hal. How about a couple of us starting a new thread "Posters Annon." for compulsive responders?

To: Hal Campbell who wrote (5338)	2/6/1999 7:16:00 PM
From: B. A. Marlow	Respond to of 17679

Well said, Hal. Read this CBS news item to visualize the "game." Note: the "CBS.com" spin-off could then acquire additional Internet properties without diluting current CBS shareholders. Same concept T is using to build its Internet operations (ATHM, not T, buys XCIT). Food for thought... BAM *** CBS Considers Stock Sale of Internet Assets, CEO Karmazin Says Bloomberg News February 5, 1999, 11:20 a.m. ET CBS Considers Stock Sale of Internet Assets, CEO Karmazin Says New York, Feb. 5 (Bloomberg) -- CBS Corp., owner of the highest-rated TV network, is considering a venture in which some of the company's Internet assets would make up a separate, publicly traded company, CBS President Mel Karmazin said. ''Our current thinking is we might do (an Internet venture) at CBS.com, which might be a separate company,'' Karmazin told analysts on a conference call yesterday. Karmazin is president and chief executive of CBS, as well as chief executive at Infinity Broadcasting Corp., the No. 1 radio company by revenue. Karmazin said the new company would be jointly owned by CBS and Infinity, of which CBS owns 83 percent. It would likely include CBS's Internet businesses, such as CBS.com and MarketWatch.com Inc., the financial news Web site 38-percent owned by CBS, he said. Shares of MarketWatch.com gained 2 1/8 to 76 in midmorning trading. SportsLine USA Inc., an Internet-based sports media company of which CBS owns about 12 percent, rose 5 to 43. CBS rose 5/16 to 36. ''I think it's a smart move,'' said James Marsh, an analyst at Prudential Securities Inc. ''Anything that could help CBS unlock the value of its television operations.'' Still, Karmazin also said on the call that he doesn't intend to get unreasonably enthusiastic about the Internet. ''We won't dilute performance by spending money on Internet,'' he said. --Kim Chipman in the Princeton newsroom (609) 279-4041/pkc