MIDL .... A Real Sleeper Message Board

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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Gary R. Owens who wrote (506)	11/23/1997 9:13:00 AM
From: Ga Bard	Read Replies (1) of 7039

As far as touting this stock and tolerating the naysayers I have gone quiet on all my longs because I do not want momentum traders. No better way that to be silent PLUS it will shake out the ones wanting to momentum play. I would like to make a note here: When we were debating the actual shares and the figures can be what ever because of the sections of the filing. I want to point out that I believe IF any of the numerous warrants are excecised then the company get $1.00 in cash into their account. However Usually since the warrants are tradeable I doubt they will ever be excercised. Reason: If you have the warrants at .125 - .25 then it would cost you $1.00 more to excercise them. Until the warrants are excercised there is no stock issued. Why would anyone excercise a warrant on the stock when the target is $2.50 and if they have a .125 price already, put another dollar and only have a double outin worth when the market for the warrant is probably going to be .50-.75? I own a ton of warrants and at .50 I will get very single cent back on my common and P stock. Though the company would like the warrants excercised for the $1.00 cash they will get from each warrant. Anyway LONG & STRONG .... GB

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