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

To: Terry W Weaver who wrote (8344)	5/12/1999 1:57:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 17679

Terry, I have noticed, quite a good bunch of guys, but not a single bear. No one is worried about the debt load that AXC is carrying? They have about $50 MM in cash, and thus it seems that they are not running into any danger of meeting debt service requirements, but when they take on in those subsidiaries, more than 50% suddenly they have to consolidate these into their own balance sheet. Any idea anyone what cash burn rate the unconsolidated subs have? It seems that without an IPO of the subs, carrying on so many activities simultaneously might become a major drain on cash resources in the future. Zeev