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Non-Tech : Am.United Global, Inc. (AUGI) -- Ignore unavailable to you. Want to Upgrade?

To: jtechkid who wrote (1623)	1/25/1998 2:55:00 AM
From: Michael Paul Langley	Respond to of 2065

jtechkid, no matter what our opinions are about AUGI shareholder's equity is obviously not any where near "at an all time high" as you say. In April 30, 1997 AUGI's share equity was: ($39,039,000 / 8,209,773)or $4.75 book value per share. Latest Oct 31, 1997 ($24,028,000 / 11,117,389) or $2.16 book value per share. Thats a decrease in shareholder's equity of $15.0 million + in only a six month period! Thats what $15.2 million negative cash flow and another $10 million + in writeoffs and reserves in fiscal 97 will do to your shareholder's equity.

To: jtechkid who wrote (1623)	1/25/1998 8:39:00 AM
From: Robet Butkus	Respond to of 2065

Well, maybe his long term buddies..ie DAMON..should convince him. From what I hear, they are choking on the stock. Old ways die hard.... If he does not step down this issue is dead for a very long time, if not forever. His choice... As always..just on opinion..

To: jtechkid who wrote (1623)	1/25/1998 2:19:00 PM
From: Robet Butkus	Read Replies (1) \| Respond to of 2065

One last thought.. If you are of the opinion that Rubin didn't have the intellectual capacity to run these new companies, what makes you think he will make this decision? At the same time, what happens to Katz, Barnes, and the rest of the individuals who are at AUGI, and where part and parcel to this fiasco? Statements like, "things a better now", fly in the face of reason. As for the delisting....the jury is still out. Listening to what Rubin has to say on that subject, may not be a terrrific idea... If NASDAQ made Rubins departure an issue to continue the listing, then he has no choice...well....let's say..reasonable choice. The days of the dogmatic approach would be over.... Anyway, just an opinion...