Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zeev Hed who wrote (8290)	5/11/1999 5:39:00 PM
From: Hal Campbell	Read Replies (2) \| Respond to of 17679

I am sure efforts continue .....some tapestry weaving going on. Soup cooking for later tasting. A dash of parsley ......touch of oregano.....some of Mike's excellent curry spices perhaps ..... and maybe - just maybe- a 403 billion pound slab of prime rib ( but, in any case, no baloney ).

To: Zeev Hed who wrote (8290)	5/11/1999 7:36:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 17679

Welcome to the AXC thread, Zeev. I finally got you over here, huh? <VBG> I agree that a part of the recent problem with internet IPOs is that these recent IPO's have pretty crummy financials. An IPO with good prospects that isn't losing money hand over fist would presumably do better. To help you get up to speed, AXC has several companies they could IPO at some later date. These include: Reiter - currently 51% owned, a web hosting service, and does some e-commerce. They are growing at about 300% a year, and the financials must be OK as AXC exercised the option to buy up to 51% immediately after the close of the quarter, and they will therefore show up on the Q2 AXC report. TV on the Web - A narrowcasting "community" with a growing number of special interest channels. Currently 20% owned with an option to buy up to 51%. Revenue comes from underwriting fees and advertising. AENTV - Entertainment web TV, including rebroadcast of some old material, and high quality production. Revenue model is unknown, but presumably based on advertising. Currently 20% owned with an option to buy up to 51%. Ampex Data Systems - This is the old tape drive business. Wholly owned subsidiary. I believe that Micronet a maker of RAID arrays is also included in Ampex Data Systems, but it may be separate. In addition they are currently setting up production facilities and web TV capability within the holding company, AXC, that presumably will be placed in another subsidiary at a later date. Carl

To: Zeev Hed who wrote (8290)	5/11/1999 9:40:00 PM
From: flickerful	Read Replies (1) \| Respond to of 17679

TheStreet.com Shows Net IPOs Are Still Hot (05/11/99, 8:17 p.m. ET) By Mary Mosquera, TechWeb Financial site TheStreet.com fulfilled market anticipation Tuesday with a red hot Nasdaq debut. Shares of TheStreet.com closed at $60 per share, gaining 216 percent, and fueling the sentiment that Internet IPOs were still hot. However, investors question whether Internet IPOs are ready to burn out. Recent Internet IPOs have experienced less investor exuberance than those in the beginning of the year. And many Internet stocks lose steam after the initial offering. The subscription-based financial information site, co-founded by money manager Jim Cramer, offered 5.5 million shares, garnering $330 million. The stock was priced Monday at $19 to raise $104.5 million. TheStreet.com, which reported a net loss of $16.3 million in 1998, trades under the ticker symbol "TSCM." More than 30 .com companies have gone public so far this year, about three times that of the same time last year, and there are still about 80 Internet companies in the pipeline to introduce their stock. Investors may become more discriminating with the large supply, and perhaps quality, of Internet stocks, said online analyst site Briefing.com. The demand is still tremendous for Internet stocks, in part because there is not a lot of market capitalization held publicly; most of it is still in the hands of founders and insiders, said Bill Whyman, Internet analyst for Legg Mason Precursor Group in Washington, D.C. Valuations of Net stocks have appeared to be irrelevant as long as the demand outpaced the supply. But that may be changing with the number of new offerings, in addition to stock splits of other popular cyberstocks, Briefing.com said. Demand for strong Internet stocks will continue to be high. "But just putting .com at the end of a name will no longer, if it ever did, assure an IPO success," Whyman said. Content, brand, and customer traffic are the Internet fundamentals, he added.