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


To: ShamukE who wrote (5853)2/26/1999 9:16:00 AM
From: Paul Lee  Respond to of 17679
 
Hey, where's this morning's announcement????/



To: ShamukE who wrote (5853)2/26/1999 10:12:00 AM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
<<show me where to look for a need for such an action.>>

The reason...the hope, TIA .... would be to attempt to take advantage of the present level of market enthusiasm for net stocks, and raise funds for both AXC and the companies involved in the IPO.
The most straightforward way for AXC to directly benefit would be a shelf offering at a price much higher than the present one.