Word: amo
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Dates: during 2000-2009
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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...