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


To: Alan Cassaro who wrote (7543)4/18/1999 10:20:00 PM
From: Hal Campbell  Read Replies (1) | Respond to of 17679
 
Thanks to all for the interesting speculation. Just a couple comments. I do not think TVontheWeb is burning cash at a tremendous rate. The underwriters pay the cost of new channels. They can grow quickly without spending a fortune ( which is nice ). Bramson's stated intention of opening production studios worldwide would certainly cost a bundle though ( as mentioned), so I for one certainly agree that chances are good he already knows where the money will come from.
Normally I would be very skeptical about monumental news coming out of NAB ... but Bramson does seem to be delaying his letter, and I assume it is because it will reflect not yet released information.
One way or the other, it is likely to be an interesting week.
( AXC has 1.5 million shares - registered 3 years ago - that they can release anytime. I expect them to register many more.)