The Penny King's Free and Clear M&A Fund

[thepennyking]

From: <[e-mail]>
Subject: Re: Acqusition of ARMHY
To: gabor sandor acs <[e-mail]>
Date: Tue, 26 Sep 2000 16:36:03 +0100




Dear Gabor

I tried phoning you but didn't find you in.

It is correct that the book value per ADR is about 36 cents, and the
market
cap is about $10.5 billion dollars. The information on sites such as
Yahoo
I try to advise them when it is incorrect, but the message does not
always
get through no matter how hard we try. Obviously we cannot be
responsible
for other people's websites. If you are reading the profile on Yahoo
and
have taken the figure of 62% being 'insider' holdings this is totally
incorrect. We hold no shares in the company, apart from the employee
share
options, the main bulk of our stock is free float. I have tried to get
this
changed without any success. Therefore if you want to try and buy 25%
of
the company, the only way to do this would be to buy the stock through
the
market.

If you know of a way to get this information changed at Yahoo I would
appreciate assistance there.

Regards
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.