To: Uncle Frank who wrote (26375 ) 6/16/2000 12:52:00 AM From: James C. Mc Gowan Respond to of 54805
Hi Franq: just got back from a month in Maui(no gorillas spotted,<gggg>. Appreciate your comments on the Q at this trying time for all of us. As per ARMHY; things are going quite well for Robin Saxby and the twits over there in Cambridge. Earlier this year stock split again, outdid their last year's 4 to 1 with a 5 to 1 this time. So each of my first 100's of shares are now 2000. I have a rabbit for a pet, named him Q when he appeared in my front yard last Fall, 2 days before the Q went from the 300's to 800. The rabbit's procreative powers have nothing on my ARMHY shares, tho the little beggar humps chairs, couch legs and has a foot/leg fetish for all visiting females. They don't quite know what to think of his advances; first react with "Isn't he cute", then become suspicious of his motives. ARMHY still growing at an 80% clip; like the Q, it peaked at $250 pre 5/1 split, and is trading around $150/$30 now. Licence income was primary source of revs, but now royalties per chip are kicking in. Expanding into autos, and as Saxby likes to say, "We want to be in all things digital" I like ARMHY for many of the same reasons I like the Q's business model. The Q is now looking a lot more like ARMHY, a fabless chip design house; interesting, no? I am considering sending a gift to Ed and Wojeck, to thank them for the buying opportunity, but they probably won't be opening parcels for a while(joke, not serious folks). I'll write again after my next Maui trip. If the leaps on Q work out like they did last time around, I'll be doing 6 months Maui, six months NorCal. Best to you and yours, James