Word: amos
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Dates: during 2000-2000
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...money Amo has, he is one of the nicest guys; he is a genuinely nice person," says Bob Rowlfe, a reporter with the Corning Leader for 30 years. "Amo wanders up and down the street and hangs out in the local coffee shop. On Sundays, he drives to pick up his paper. One of the only [millionaires] you see in that light is Amo Houghton...
...biggest political shock story--no one had ever dreamt of it," he says. "But [Amo] was ready to do something entirely different...
Today that leap of faith seems inspired. Investment firms Morgan Stanley, Goldman Sachs and others sank $20 million into AMO last July, and Hong Kong tycoon Richard Li paid $27 million for 25% of SilkRoute, whose main asset is 38% of AMO. No matter that neither company has made a profit. Few Net companies do, at least yet. But Cheah, 34, has no intention of selling out. "I'm waiting for a much bigger payday," he says...