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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)
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To: Ga Bard who wrote (1386)5/11/1998 7:30:00 PM
From: jeffrey rainey  Read Replies (4) of 1757
 
I just love it when these so called longs gets into a stock and then runs for the hills when he or she hears a rumor. This always happens without talking to one of the many who have BEEN HERE SINCE THE BEGINING.I can tell you this very same rumor was told to me last week by a now unemployed Arcon employee. Did I panic? Did I call my broker and bale ship? This is a new company, a baby just starting to crawl but a baby with a product that more companies than you can shake a stick want. They want DF-144, do you have any idea how much money these gas companies have to PAY to change over to gas with-out MTBE!
It's staggering, hundreds of millions,hundred of millions and that's just to get rid of MTBE from their systems. Then they have to find a another product to take it's place! Arcon controls the patent,THE WORLD PATENTS on DF-144.WE have the product they need.
They are strenghtening the patents on the Plants that produce the product. Major companies are knocking on the door and this company is on schedule for the plant to come on line as per the published time line. David Beene decides to leave to persue a career in what he does and some people freak out. David is a geologist he had a few irons in the fire and this one came to fruiation for him. Good for David! Don't know of many Geologist's that like doing PR work while the main man is off making deals. Don't know all that much about oil and gas exploration people but for dam sure you don't find to many answering phones and talking to a bunch of antsy stockholders. Most would be finding the mother load and pouring over reports.But thats just my opinion.
Those that choose to sell off on this crazy rumor notice how Arcon finished the day. Good strong finish after a lack luster round of sales. Someone just waiting for the sell to come after the smoke screen and rumor mill begin to churn.
Hey, I know we need sells, good for the market and all. but I think we have had one or two people on this thread talking gloom and doom,spinning a tale of furniture moving in the night looking for conspirisy theories and really unsure as to why they bought in the first place. FOR THEM- IT'S THE DF-144 STUPID! AND ONLY THE DF-144

< Jeff stepping off his soap box>
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