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

To: Jeff Harrington who wrote (227)	11/6/1997 9:29:00 AM
From: Ga Bard	Respond to of 7039

The Preferred shares automatically convert in Aug or Oct, (I can't remember exactly) of 1998. The conversion is 35 common per prefer. Since I am long on this stock I bought the preferred also. Should this stock be at the $10.00, which would be its book value at that time I would have bought the common and an AMSC of .13. If the dilution comes and the stocks falls by half which I highly doubt, anyway at $5.00 I would instantly have a 40 baggaer and 80 bagger if the stock is at $10.00 and a 10 bagger at $1.30. I will try to get the exact month of next year. GaBard