SI
SI
discoversearch

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 (8574)5/20/1999 2:19:00 PM
From: Terry W Weaver  Read Replies (3) | Respond to of 17679
 
Thread:
I had lunch with my broker today. I introduced him to Ampex 4-5 wks ago and showed him all the press releases up to that time. He bought a few shares for his own personal account, but is reluctant to recommend for his clients yet. Told him about all the current events and he asked how they were going to fund all they planned to do and were they going to do a secondary offering? If so, Wall St. would frown upon that and might be what is holding the stock down. Did I not read somewhere they are going to offer additional shares? Would someone/anyone more knowledgeable than I offer some comments to this scenario that I might take to him..

Thanks in advance....TW



To: Zeev Hed who wrote (8574)5/20/1999 2:49:00 PM
From: Hal Campbell  Read Replies (2) | Respond to of 17679
 
<< that everyone knows >>

Everyone is a relatively small group right now, Zeev. In my opinion.