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


To: Paul Lee who wrote (8783)5/25/1999 9:44:00 AM
From: hookjock  Read Replies (2) | Respond to of 17679
 
<<<<Separately, Ampex announced that it has revised its previously announced agreement to acquire a majority interest in Reiter Associates, a web hosting and Internet consulting services company, and will now remain a minority investor. The decision reflects Ampex's commitment to focus its energies exclusively on building a network of video-driven sites on the Internet.>>>>>>

INTERESTING. Why the change of heart?? Anyone think available cash may have been an issue?