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

To: one_less who wrote (5842)	6/8/1999 5:04:00 PM
From: Binder	Read Replies (1) \| Respond to of 7039

Sticking what out? Like we have a choice?? Do you know of an alternative? What else are we supposed to do? Question....when you bought the warrants (with a strike price of .50), what was your intent? The reason I ask is that if you bought them because of the fuel additive, the .50 strike price shouldn't have made much of a difference. Afterall, with a $50 price, as projected on the common, you were still making a whole boatload of money. If, however, you were buying them so that you could quickly convert to common and arbitrage, then all I can tell you is that you usually reap what you sow. Just my opinion, Binder