No flippin' way!
The Life Death 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 'Life' one way and can be read as 'Death' the other way (or is it the other way around?).
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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