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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: The Devil Dog who wrote (5801)	6/8/1999 11:11:00 AM
From: Ga Bard	Read Replies (2) \| Respond to of 7039

I disagree ... I have a lot of private companies wanting to go public and they would prefer the warrants to be over the limit price for small caops. Even PAYP is making a loan for warrants at $2.50 and the stock is at .25 .... This kills the arbitrage. Also allows for the focus to be on the common. This is premature but I doubt seriously if it comes back trading the warrants holders (which technically are not investors/shareholders)will have a whole lot fo happiness in what will be determined by whoever comes into the shell ... If I was to bring my personal company in I would put the warrants at $5.00 so I could at least have a chance to hold the smallcaps .. :-) GB