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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper

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To: Triffin who wrote (331)5/23/1998 8:22:00 AM
From: Crossy  Read Replies (1) of 4142
 
James,
thanks especially for the numbers. Arcon itself thinks that 500 million target sales in Y2K would mean 0.4% of total market share on a world market base, so they think worldwide market by Y2K for petrol additives would be $125 billion. What a number.

I see that with 30 million shares in MIDL this would translate into a $30 share price with $500 million in target sales e.g. 0.4% of world market share. If they make it to higher levels then my projection would have to be revised upward.

best regards
CROSSY
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