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

To: Carl R. who wrote (6591)	3/27/1999 12:55:00 AM
From: Hal Campbell	Respond to of 17679

<< But AENTV and TV-on-the-Web both clearly did have revenues>> Sure do Carl. Didn't imagine AXC bought 3 companies with no revenues whatsoever ...lol. Was trying to make the point ( poorly I guess) that even just using the only number we do know - the 4 million from Grady Mgrath productions ( mentioned in Washington Business Journal) - the purchases were pretty astonishing values.Of course there is more there than that. Much more. Dave seems to be doing an amazing job of growing TVontheWeb briskly ...and I thought the blurbs on AENTV as one of ten best internet video sites and the Congressional caucus coup by TV were underplayed. As to Hookjock's revenue fears ....we'll see about sales....but another even better way to make money than selling DSTs is to buy something for 13 million and sell all or part of it to the public or another company for a few hundred million or more. Many options there. Some in business potential ...others in simple clever trading if that becomes the best way to go in any cash flow pinch. And, of course, if the market ever plays AXC as a backdoor to one or more hot IPOs ...they will have all the cash they need.