MIDL .... A Real Sleeper Message Board

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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Matt Burton who wrote (843)	6/17/1998 9:03:00 PM
From: TJG	Read Replies (1) of 7039

Matt B. One step ahead of you..Sold off 1750 common yesterday @ $.44 took an approx 46% hit from $.75 where I bought them. I'll use those funds to buy 150 P's tomorrow at around $5. If you look at them converted into C shares I'll gain 5250 shares vs the 1750 I had. Not a bad unit increase of 200%. On top of that the AMSC goes from $.75 to approx.$.14 per for an 80%+ bump. All in all I figure a gain of approx. 40% on the P-$'s (after subtracting the $560 lost from the original investment). Just doing the math...or I could be all wet too??? TJG

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