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

To: killybegs who wrote (8962)	6/2/1999 10:30:00 AM
From: Michael Olds	Read Replies (1) \| Respond to of 17679

Repost from Yahoo: More on annual meeting. by: gittiup_1234 9589 of 9598 To all: My broker attended the AXC annual meeting and called me today with his feelings. He was able to speek with Karen S as well as Ed briefly. 1. Ed, said that AXC does not need to wait for broad band. (we will pressumably see on the 28th.) 2. Ed said that they will have reveal a new way to stream commercial advertising during narrowcasting. This as well will be demonstrated on the 28th. 3. Karen said that they still have $60 million and that Ed has many resources for more $ if need be. 4. The broadcast on the 28th will be an introduction of the new AXC internet channels to and the name of it for a fall launch. 5. Bramson is keeping a lid on PR until he feels that they can present themselves as a real competitor in the narrowcasting streaming video business as opposed to a waneing data storage company making a vain attempt to be a wanna be internet company. My broker had the feeling that they are almost their. 6. Both Karen and Ed seemed truely excied for the current direction of AXC. I bought this stock in the keepering days and luckely got out with a profit. My broker recommended when to buy and sell the first time. This time he says to hang on the best may be yet to come. He seemed to be upbeat about the meeting but still warns that we are speculating. Pardon the grammer and spelling. Its late and I felt that this was good information from someone who influences folk's investment decissions. Gitti: