Author: Robert Hyatt
Date: 07:33:43 11/21/03
Go up one level in this thread
On November 21, 2003 at 07:00:40, Graham Laight wrote: >On November 21, 2003 at 05:59:05, Amir Ban wrote: > >>On November 20, 2003 at 23:23:16, Robert Hyatt wrote: >> >>>On November 20, 2003 at 14:23:10, Amir Ban wrote: >>> >>>>Sure. There are tens if not hundreds of Americans who would make me look silly >>>>with multi-million $ projects and $10 million hardware. The only thing holding >>>>them back is that they can't afford to go to Europe. >>>> >>>>It has been tested once in a Rebel vs. Crafty match where Crafty was given a 100 >>>>to 1 time advantage. The match was aborted after Rebel won the first game. >>>> >>> >>>How about doing a couple of things: >>> >>>(1) tell the entire story. (a) one game doesn't mean _anything_. (b) Ed >>>played multiple games with crafty and rebel having a _very_ long time for >>>each move. Crafty won. Does that prove anything? Nope, other than the >>>one handicap game was meaningless. >>> >>>(2) I'll be _happy_ to take you on at 100:1 time odds, anything you think >>>you are ready. I'll even put up a wager to make it interesting. I am >>>talking about a match of at least 10 games. Interested? You'd be >>>stupid if you were. Because I wouldn't play _any_ program at that time >>>handicap, including the original Sargon... >>> >> >>You're on. Please suggest format and let's discuss after WCCC. >> >>Amir > >Bob - although I think you'll win this challenge, you should be wary of betting >too much against Amir - he can probably afford to lose more than you. Possibly. I've been a faculty member for 35 years. I owe nobody anything, my kids are on their own. My wife and I both work, both at good-paying jobs. I don't have any problems in that area myself. > >He's one of the founders of M-Systems - an Israeli company (although you >wouldn't know this from their web site, which makes them look like an American >company) that makes flash memory, and although, unusually, their NASDAQ >information does not include his current shareholding, there is there a public >record of his sales. > >The company is losing money (earnings per share (EPS) is negative), and the >share price, currently at $18, is on a strongly downward trend (take a look at >the technical analysis charts: >http://finance.yahoo.com/q/ta?s=FLSH&t=3m&l=off&z=m&q=l&p=b&a=m26-12-9,ss,fs,v&c >). > >However - the current market valuation of M-Systems is just under $500 million. >Also, in the last 5 years, Amir has sold 112,250 shares - so he's not short of a >penny or two! You can see his sales at >http://www.nasdaq.com/asp/Holdings.asp?mode=&kind=&symbol=FLSH&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=holdingssummary&selected=FLSH >. After opening this page, select insider form 144, then page 2, then click on >Amir's name. > >Looking on the bright side, you needn't feel bad about taking his money from >him. ;-) > >-g This is about "chess" not about "money"... And about being sure to write checks you are sure you can cash, methaphorically. If he thinks he can beat me in a match at 100:1 time odds, I'm game to show the folly of such an idea...
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