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

To: B. A. Marlow who wrote (8208)	5/8/1999 2:13:00 AM
From: Hal Campbell	Read Replies (2) \| Respond to of 17679

Thank you BAM. Makes imminent sense.Educational. Excellent. Actually I am hoping for something OTHER than an IPO announcement ( I believe Outerli when he says something quite new is going to happen - usually don't believe that sort of message board thing, but he has a genuine track record...up to now. But caveat emptor to message board statements, of course.) To be honest..if it were a simple IPO registration with nothing else ...and the stock did spike to new highs on the pub.....I'd trade out. Maybe reenter on some later day.Even as someone who can only hold maybe a year or a little more longer .... I would prefer a carefully built framework ( as you describe) for what they want to achieve. And that is likely the way they will go about it. Let the stock base another 9 months ( at maybe a little higher range)...Fine with me.

To: B. A. Marlow who wrote (8208)	5/8/1999 10:16:00 AM
From: Carl R.	Read Replies (2) \| Respond to of 17679

First of all, they really can't IPO the properties together because the ownership is different, and it would take months of arguing, debating, and valuing the various division, time that could be MUCH better spent focusing on business. In fact, attempting to do this might well destroy the company. I agree that some strategic alliances are critical, with or without IPOs. This area is moving fast, and there are a lot of players that want in. AXC is too small and has too little money to take control over the industry; at best they can make a dent in it. With some heavyweight partners like say CBS, Microsoft or PSINet, their money would go a lot further. In fact a good alternative to an early IPO might be to get some strategic investments from some big players. As for GNET, aren't they the company that acquired SI? Anyone else notice that SI has really gone downhill lately? There have been no new features recently. The earnings on the profile pages haven't been updated in six months or more (a few big companies do show 12/31 results). The articles on the home page remain unchanged for months at a time. The rate of adding new profile pages seems to have approached zero. And the growth rate of new members seems to have diminished substantially. SI seems to be just hanging on. As for IPO's in 1999, I agree that they'd like to wait until 2000, but they will need additional money by the third quarter. Where will it come from? Could be an IPO, could be a private placement (i.e. strategic investment), or another convertible junk bond issue. We'll just have to wait and see. But AXC is far too conservative to spend their last dollar without knowing where the next one is coming from, so I expect that we'll find out soon enough the plan to raise more money. Carl