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Non-Tech : Am.United Global, Inc. (AUGI)
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To: Kathrine S. who wrote (1573)1/1/1998 3:58:00 PM
From: Michael Paul Langley  Read Replies (1) of 2065
 
< At the end of '98 I'll either be glad I held this one through thick and thin or I'll have a good tax write-off.>

I'm glad your prepared with a backup plan for the possibility of AUGI not increasing shareholder's value. At this point (AUGI at $2.00) I would only consider buying AUGI as a trading stock (every 1/4 point is a 12.5% return). If Connectsoft IPO is successful we may see some price volatility favorable to trading in and out of the stock. IMO, for the mid-term to longer term I don't think the current holdings of AUGI will provide much in shareholder returns (maybe as much a reflection of management's ability along with current subsidiary holdings).
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