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


To: Thomas Kirwin who wrote (7886)4/26/1999 12:57:00 AM
From: flickerful  Read Replies (1) | Respond to of 17679
 
ok, we have a video server alliance with HP,
but
read the following in light of the HP e-commerce news
and remember HP is conspicuously absent from the draft letter....

... Reiter Associates, Inc. is a small, highly talented organization that provides various services including e-commerce support to businesses operating on the world wide web. Our strategic interest in Reiter stems from the possibility that e-commerce will be the most important source of profit on the Internet, and that it could be useful to have in-house expertise in this field. Our initial investment represented 20% of Reiter's stock with an option to acquire a majority. We will be exercising this option after the end of the first quarter and Reiter will become a majority-owned subsidiary of Ampex at that point.



To: Thomas Kirwin who wrote (7886)4/26/1999 2:41:00 AM
From: B. A. Marlow  Respond to of 17679
 
We'll take "RVST" any day, Thomas! Where to sign up?! BAM (EOM)




To: Thomas Kirwin who wrote (7886)4/26/1999 12:23:00 PM
From: Hal Campbell  Read Replies (2) | Respond to of 17679
 
<<"Make them LOOK and SOUND better.">>

From the 10K ...

<<Ampex holds no proprietary technology and is not in a position to
achieve dominance in any market segment of the Internet. >>

but also from the 10K - listed as one risk factor ...

<< Ampex's ability to transfer audio or video technology to
Internet-based applications>>

I do not doubt their expertise and ability to compete head to head with anyone in these waters..... but, personally, do kind of doubt there is a new proprietary add on product in the immediate wings. But...lol...damn if i know for sure one way or another. Many intriguing unknowns .... but many comforting knowns too.