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


To: Milt Best who wrote (7424)4/17/1999 7:44:00 PM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
<< Comments??? >>

That would be a nice possibility Milt. The arithmetic is a little off ( if I understood you correctly) 1.5 billion divided by 50 million shares would be 30. The number of shares outstanding if that happens will probably be closer to 60 million...still 25. Bigger the capitalization of any future possible IPo....the more fervently the market would play AXC as an end around to participation ...and as an article Ed posted explains..there is often an overshoot before the fact. In any case..whatever happens...I think we are all now very happy that Ed made the investments for us that he did. We may well get much happier in time.