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


To: scrooge who wrote (6390)3/21/1999 2:29:00 PM
From: Carl R.  Read Replies (1) | Respond to of 17679
 
Obviously I'm missing something important here regarding the BCST acquisition, but $3 billion for a company with revenue of $7million per quarter? A price/sales ration of over 100? Seems a bit high to me especially when YHOO could start their own video company and use their own traffic to drive it. Also, it begs the question of what TV-on-the-Web needs to do to get on the radar screens of the big guys. They keep introducing new channels, but when the WSJ or someone else does an article on Video on the Web they don't make the cut to get in the article.

So what do they need to do to get noticed? It seems to me that they need one of two things to happen. First of all they could have a smash multimedia event like the Victoria's Secret show or the Clinton deposition. Something that millions of people want to see. Anybody have any ideas?

Alternately they could establish partnering agreements with big players in the internet. If YHOO buys BCST maybe another portal like Lycos, Netcenter, or Excite would want to partner with TV-on-the-web, or maybe AOL.

I suspect either of these will cost some bucks. AXC will have to make a decision soon as to whether they are willing to put out bucks to gain recognition, or try to take the cheap, slow approach and try to grow profitably.

Carl