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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)

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To: Phil Cressman who wrote (82)2/9/1998 3:18:00 PM
From: Jeff Harrington   of 1757
 
"Prefered A shares traded today (MIDLP) down 25% on only l,000 shares."

Keep in mind with a float this size (see post 13) any buy or sell moves the stock very quickly in either direction. The spread will keep out the momentum traders so this is a long hold. The MIDL price is pretty good today, IMO. It's been up to a $1 last week.

Jeff
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