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Politics : Formerly About Advanced Micro Devices

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To: A. A. LaFountain III who wrote (55973)	4/21/1999 5:40:00 PM
From: Paul Engel	Read Replies (4) of 1571405

Tad - Re: "ACTL closed today at 2.8x sales, so perhaps 2.5x makes sufficient allowance for its cash.... 2x - 2.5x Vantis 1998 sales of $205MM would lead to $410MM to $512.5MM" Thanks for the analysis. Based on that, I would guess Vantis is unloaded for <2x sales - it is a distress sale, after all. Paul

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