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thepennyking

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Alias Born 09/16/2000

thepennyking

Re: None

Saturday, 09/23/2000 10:05:10 PM

Saturday, September 23, 2000 10:05:10 PM

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From: <Cindy.Boynton@arm.com> Re: Acqusition of ARMHY
To: gabor sandor acs <thepennyking@yahoo.com>
Date: Mon, 4 Sep 2000 09:25:35 +0100




Dear G

I think there is a basic issue that you do not understand here. We are a public company with 20,000 shareholders so we are not in a position to sell you 25% of the company unless you were to make a cash offer of more than 25% of the quoted current market value -currently USD 3.5 billion. If you gave me your telephone number perhaps we could discuss this and sort it out once and for all.

Cindy



Founder: The Free and Clear Foundations of Earth, Chairman & CEO Penny King Productions, The Free and Clear Bancorporation, Senior Trustee; The Free and Clear Fund, and Janitor for the Global Morass of Debt Instruments.

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