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

To: Ed Hoftell who wrote (500)	2/6/1998 5:13:00 PM
From: vpother	Read Replies (1) \| Respond to of 626

Alot of it has to do with the $1.00 exchange rate for the common. If you bought the common until $1.00 from the lows of mid 30 cents then you would have already had a triple. It would seem the warrants should stay $1.00 behind the common after the common gets to around 1.25 to 1.50. The warrants are still a good percentage play, if we look at the fact that they cannot be converted until the year 200? or until the common sustains 2.50 for 10 trading periods, which would make the warrants valued around 1.50, of course. Regardless the MIDL trio of stocks are doing just fine. Do what's best for you. Enjoy. Vipul

To: Ed Hoftell who wrote (500)	2/6/1998 5:25:00 PM
From: Due Diligence	Read Replies (1) \| Respond to of 626

ED you are so right. when the warrants are movingthat is a sign of broker interest. The stock and P will follow soon. This one is still taking shape and I talk to two gentlemen waiting patiently for people to sell. This not going to momentum run. As far as the so called 12 only 4 post on this board. Hey I hold more shares than what traded today. If you want to sell then put your mind at ease and do what is rightfor you. They have money in the bank, receiveables,and finishing up the loose ends. Heck it is only 2weeks old. I have a lot of information along with the bob west engineering report. I have the engineering report for the DF-144 which they already have sold all that they can produce. They have companies on higher boards call to be acquired, in solid negotiations for good acqisitions, and much more. Now I told everyone thiswas nota short term get rich BAAT play but a solid long term. April they are going to start really kicking. They have institutional and top high profile folks they are talking to and more on than even. Everything looks very good. It is going to take a few days to transcribe all the information I have. So if you doubt what the reason for buying then just sell and let the MMs amke the market. Happy Trading GABArd