Arcon Energy (MIDL Presently) The Ultimate Sleeper Message Board

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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: Mike Boiko who wrote (1086)	5/27/1998 12:38:00 PM
From: Jay Lowe	Read Replies (1) of 4142

>> How many buy/sells have you done on MIDL? Well, that's the thing Mike ... accumulating MIDLW via DLJdirect is pretty expensive ... I basically pay $20 per 1000 warrants. Just today I've bought 40K of MIDLW and 400 more MIDLP plus I still have some orders pending ... but it's time to go to work. I'll be setting up an account at NDB and moving my MIDL there, I think. The extra commissions are no problem really, since I expect at least a double on the warrants when the exercise price change hits the market. I'm not selling any time soon. I may exercise warrants, I may not, depending on my own liquidity needs. The warrants are simply a nice way to lock in shares at a price. Since I'm holding the warrants, they're out of the stream anyway.

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