Re: investing or not

[Neil Frank <nfrank@mindspring.com>]

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>Date: Wed, 27 Oct 1999 08:01:38 -0700
>To: Neil Frank <nfrank@mindspring.com>
>From: Dave Gomberg <gomberg@wcf.com>
>Subject: Re: investing or not
>
>I think you should raise that as a concern (selling to TFH) with the mgmt
>committee.   I would suggest that AGA might want to ask for the right of
>first refusal in case the company is sold.
>
>At 10:31 AM 10/27/1999 -0400, you wrote:
>>I think it will allow AGA to procede more quickly if we do not consider
>>investing. I hope that you will look upon AGA as an important contributor
>>and seek our advice to help mold the content( from both the organization
>>and its principle members). I do not envision any conflicts at this time. A
>>potential concern that I will raise thru the AGA-MC, which I half jokingly
>>raised in NJ is the possibility of the mag being so successful that you
>>decide to sell it to TFH. (of course, this is after it becomes www.PAM.com
>><g>). This is where AGA controlling interest might be useful... to ensure
>>that AGA still can have the same affiliation and opportunity to provide
>>advice. Do you have any thoughts on how to write this into an agreement, or
>>does any contract become null and void at that point (I don't think like a
>>business person and I can't remember what you said in response to my
>>question in NJ... I was getting burnt out and testy at that point). Is this
>>a possible reason for AGA to have 51%. I seem to remember there were a few
>>examples of why AGA might want control of the stock. Do you remember what
>>they might be?
>>
>>At 06:29 AM 10/27/1999 -0700, you wrote:
>>>About investment:
>>>
>>>I think that investing in the mag is not in the main line of AGA
>>>objectives.   If it became necessary to SAVE the mag, then AGA would need
>>>to revisit whether it felt there was enough benefit to the hobby in having
>>>the mag to be worth the cost and risk of investing.
>>>
>>>But that is just my personal opinion.  I never really considered AGA as an
>>>investor.  But AGA certainly has as much right as anyone else to invest.
>>>
>>>
>>
>>
>--
>Dave Gomberg, San Francisco            mailto:gomberg@wcf.com
>For low cost CO2 systems that work:  http://www.wcf.com/co2iron 
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