Arcon Energy .... Another Sleeper Message Board

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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper

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To: Ed Hoftell who wrote (500)	2/6/1998 5:13:00 PM
From: vpother	Read Replies (1) of 626

Alot of it has to do with the $1.00 exchange rate for the common. If you bought the common until $1.00 from the lows of mid 30 cents then you would have already had a triple. It would seem the warrants should stay $1.00 behind the common after the common gets to around 1.25 to 1.50. The warrants are still a good percentage play, if we look at the fact that they cannot be converted until the year 200? or until the common sustains 2.50 for 10 trading periods, which would make the warrants valued around 1.50, of course. Regardless the MIDL trio of stocks are doing just fine. Do what's best for you. Enjoy. Vipul

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