Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: killybegs who wrote (6849)	4/7/1999 7:22:00 PM
From: df	Read Replies (1) \| Respond to of 17679

How bout this: We all (this board) co-sign a VERY polite request, asking Dave and Ed, et all, that we be granted the option of accepting or rejecting their offer of participating in an IPO of one of the incubated Co.'s that develops under the wing of AXC.... Fantastic... but some dreams do come true.

To: killybegs who wrote (6849)	4/7/1999 8:37:00 PM
From: WAI	Read Replies (1) \| Respond to of 17679

I see we got the sports connection that was hinted at earlier (recall the PsiNet announcement from the Baltimore stadium?). NFL Draft day, Baltimore Ravens, April 17 & 18. tvontheweb.com Cheers, William

To: killybegs who wrote (6849)	4/7/1999 9:28:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 17679

Not true. Ampex is public, not Ampex Data Systems. They could have IPOed the video subsidiaries without this restructuring. The only thing they can do now that they couldn't do before is to IPO the new subsidiary. The neat thing about this restructuring is that they can now show financials for the data systems division without showing any expense for the holding company. This will make the data systems division appear more profitable, and easier to IPO or sell. It will also allow any growth in the new division to be clearly seen and separated from any shrinkage elsewhere. Thus if Data systems sales are increasing, but royalties are shrinking, the data systems division can still receive a high valuation because it is growing. I think the move to a holding company structure is very good. Carl