No flippin' way!
The Death Life ambigram shown here is a nice short asymmetric ambigram (also known as a symbiotogram) that is a good example of the letters in one orientation flipping over to become different letters in another orientation!
A quick glance will show you that ambigrams really are ambi-guous depending on how you read them. This design can be read as 'Death' one way and can be read as 'Life' the other way.
For a mental work-out, try to read it upside-down without rotating it (you can mouse over it at any time to make it spin).
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