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Non-Tech : Am.United Global, Inc. (AUGI)

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To: trouthead who wrote (2028)	10/29/1998 11:52:00 PM
From: Chuck Martin	Read Replies (1) of 2065

I don't know about news out of Redmond, but AUGI has once again filed a form NT 10-K (notice of late annual report). They did this last year, but they also cancelled their previously published preliminary proxy. Something may be up, but I Something may be up, but your guess is as good as mine. The only thing I know is that in the NT 10-K, AUGI says that it discontinued the technology group's operations on April 30, and that it expects to report an estimated loss of around $5.8 million, including $5.1 million from discontinued operations. These numbers are subject to revision. If you want to read the filing, it's at freeedgar.com On a different front, WPEC (60.6% owned by AUGI) reported in their 10-K405 that they earned 49 cents per diluted share, almost twice as much as last year's 27 cents per diluted share. This probably lets AUGI breathe a bit easier. WPEC's 10-K405 is at freeedgar.com Chuck Martin

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