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

To: Carl R. who wrote (8809)	5/25/1999 11:21:00 PM
From: HPilot	Respond to of 17679

Timing an IPO is difficult. One would have to have a crystal ball about 3 months out. In fact the time to register the shares is probably when things look dim. By the time they go on market internets would probably be at their hottest.

To: Carl R. who wrote (8809)	5/25/1999 11:27:00 PM
From: HPilot	Read Replies (2) \| Respond to of 17679

Convertible deal? Not!! Unless the conversion price is about $50. You see most convertible's are sold to mutual funds and convertible bond funds at that. Usually they will hold only a small amount of converted stock on their portfolios. And most of that is the stocks they haven't been able to dump before the next prospectus! As soon as the stock is above the conversion price many of them will convert a portion of the bonds and immediatly start selling at the ask or slightly above. That may be the main resistance on our stock now. That and all of the rampant speculation which makes buying the rest of AENTV a non news event.