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

To: Kathrine S. who wrote (2011)	9/18/1998 6:22:00 PM
From: Paul Travis	Respond to of 2065

Hmm... case study. ZAP (Zapata corp) industrial-era business, hovers between 4 and 7 for years. Discovers technology/internet, shares jump to 20+ and presently trade (post correction) at 10+. AUGI, industrial-era business, hovers between 4 and 7 for years. Discovers technology/internet, shares jump to 10+, and management knows not what to do. So shareholders painfully experience the deep reach for .25 again. Come on guys, liquidate this puppy.

To: Kathrine S. who wrote (2011)	9/18/1998 8:56:00 PM
From: Mitchell B. London	Read Replies (1) \| Respond to of 2065

Katherine, I do not see AUGI headed toward bankruptcy. Their disclosed assets are worth considerably more than the level at which the shares trade. Assuming the EXTL transaction (now "EGLO") closes as planned, AUGI has no ongoing business activity either in technology or industry. They simply have holdings, ongoing management contracts, and lawsuits. Hence, our call for liquidation of company assets or some other dissolution of the company. This is clearly in the best interest of all of its shareholders. In our view, continued share price erosion (such as we've seen these past few days) further obviates the need for such action on the part of AUGI's Board of Directors.