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

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To: Shell Searcher who wrote (4741)11/29/1998 1:54:00 PM
From: James A. Cole Jr.  Read Replies (1) of 7039
 
<< Have you heard anything about MIDL?? I understand that if it hasn't traded by 12/31/98, you can write it off to $ Zero and take Capital Loss in 1998. If stock ever trades again, your cost then is Zero. >>

www3.techstocks.com
MIDL .... A Real Sleeper
Jim read the above link as MIDL is still a tradable security and believe it's best to call your broker for spicifics on how to handle the loss. I've not heard or read anything to lead me to believe one way or another if the company will trade again after the SEC is through.
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I HAD ALREADY CONTACTED MY BROKER AND AM AWAITING ADVICE; MEANWHILE DOES ANYBODY ELSE HAVE THOUGHTS OR INFO ON SUBJECT??

Regards, Jim Cole
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