Arconenergy, Inc. (Long Term Investors and Fundamentals) Message Board

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

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To: Madeleine Harrison who wrote (1507)	5/16/1998 11:01:00 PM
From: Kurt N	of 1757

Interest on the preferred has always been there, most defintly increased of late. I attribute it to more and more new investors (some from the Oil&Gasoline industry) discovering Arcon and it's potential. The available choices are preferred, common, and the warrants. The preferred converts into 35 shares of common in Sept/Oct 1998. Warrants can be excercised into common for $1/share. Lots of accumulation in all 3 has been occuring the past few weeks and especially on Fridays. The reason the preferred is so popular/attractive is that it currently provides the lowest AMSC (average mean share cost) of the three. Although you can't go wrong with all three (IMO), at least that's what I did. My most recent purchases have been in the preferred. Kurt

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