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


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



To: trouthead who wrote (2028)11/13/1998 5:51:00 PM
From: Michael Paul Langley  Read Replies (2) | Respond to of 2065
 
edgar-online.com

WPEC $1.8 million net on 163 mil in sales (1.1% net margin)
IDF $9,930,000 loss (7.5 mil including impairment of goodwill)

(.45)per share from continuing operations and (.40) per share from discontinued operations overall.

I propose that the management is incentized with a few million options at 1/16 $(.0625)to get this puppy moving <ggg>.