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

To: Carl R. who wrote (8637)	5/21/1999 9:51:00 AM
From: HPilot	Read Replies (2) \| Respond to of 17679

<AXC still owns 51 million shares, but there are 110 million shares out, so AXC's ownership interest is down to 46%.> You reading my posts or just automatically responding to them? That is very similar to one of my examples. By your example Ampex would still have majority intrest. Unless Gardy buys some of those IPO shares. But I bet Ed has more bucks to buy shares. Not all of the secondary issues have to be sold 5.1 million shares could be put into Ampex's coffiers and they would still own 51%.