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


To: HPilot who wrote (8656)5/21/1999 11:22:00 AM
From: killybegs  Respond to of 17679
 
There are other ways to accomplish an IPO. I hope we follow the Safeguard model and do rights offerings or at least do the new "direct subscription process"

Here's the link..it is worth the time to read...
safeguard.com

Under any of the methods though, unless Ampex participates in exercising rights or subscribing for the new shares, the percentage ownership drops. That is all I have been pointing out.

By the way, rights offerings are often, not always, great investment opportunities, since they are often priced favorably for insiders and current stockholders...