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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals)
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To: Jack Phillips who wrote (1497)5/15/1998 12:54:00 PM
From: Ga Bard  Read Replies (2) of 1757
 
MIDL last October I found on a news release that I was tracking on my data base. A name I had or rather was famaliar with pop up in the release. I instantly bought. The shell was HORRIBLE and I mean horrible. So the name and the shell made perfect match.

I now had one to accumulate based on what I knew of this gentleman. Well 2 weeks later a major bearing company reverse mergered in. Approx. 300M projected revenues ofr the next year and at 29M fukk dilution that came to a gross EPS of $10.00 which I took 20% profit gave me $60M so the EPS was $2.00 times 10 times earings gave this stock a $20.00 share price and trading at .50 which was a 4000 % gain.

Stuck with it though all the bashing and what not and then in January Arcon came in witha special Unfair Advantage and the rest is history.

Trust me everytime I get in one of these I catch mortal heck. But months down the road after I have accumulated it weekly I have a solid MEGA position and it starts to mive and then I am a hero.

I went thoguh it on AVBC and others and I will go though it agin on the current and next ones. Been a long 9 months wait on this one to give birth to the investment world. I have suffered though all the labor pains and all.

oh well

GB
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