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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (150)	1/30/1998 2:56:00 PM
From: campe	Read Replies (1) \| Respond to of 626

I prefer the price settling on back down. When folks log on at the end of the day, they'll see a nice 15% gain for the day. That is all I want. Consistant price appreciation. The interday volatility and tape watching can drive someone crazy. Thanks Gary for you analysis on this morning's rumblings... If anything, I think the longs will just keep accumulating maintaining a ASMP below the bid. That's my plan anyway...

To: Ga Bard who wrote (150)	1/30/1998 4:24:00 PM
From: Andrew H	Read Replies (1) \| Respond to of 626

Gary, New to this company. I'm sure my question has been discussed and perhaps ou would be kind enough to refer me to the relevant post. I see that MIDL has paid 50MM in preferred stock for its purchase of Arcon. Prior to this there were about 17MM shares out. Given current MIDL prices at the time of the Arcon purchase of about .50/ share, this would result in the setting aside of approximately 100MM shares of the common. Do you know if anything like this has actually happened and if so, when these shares will appear on the market? Thanks a lot.