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


To: Terry W Weaver who wrote (8575)5/20/1999 2:30:00 PM
From: killybegs  Respond to of 17679
 
Fidelity Mgmt and Res increased their AXC position to 3.667 million shares by conversion of their preferred. They added 2.339million through the conversion (per Bloomberg security holders)

Lord Abbett, increased again their position to 1.327 million shares....

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To: Terry W Weaver who wrote (8575)5/20/1999 2:31:00 PM
From: valuehunter  Respond to of 17679
 
Terry, If all brokers think like yours does, no wonder they will be
left wondering how they missed out. The expansion will be funded
internally, supplemented by IPO(s).



To: Terry W Weaver who wrote (8575)5/20/1999 2:55:00 PM
From: RidgeRunner  Respond to of 17679
 
Thread...

Speaking of additional shares... I have been meaning to ask > if memory serves, weren't there some CDs out there which could be converted above $4? If so, how many were there? Do you think they have all been converted? When they are, what is the impact on the float? Can their conversion be the anchor we are dragging around the last few weeks?

TIA.

RidgeRunner