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

To: Michael Olds who wrote (7519)	4/18/1999 3:57:00 PM
From: Carl R.	Respond to of 17679

One further fundraising option is obvious as well, and is in keeping with Bramson's past practice. Now that all the Convertible Preferred holders have made a tidy profit, Bramson can go back to them again and place yet another series of convertible preferred. They could probably place another $40mm in preferred, which would allow them to keep going at this pace for another 6 months to a year. In doing so of course you gamble that internut mania will just as strong or stronger in 6 months.... Carl