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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals) -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (100)2/9/1998 10:35:00 PM
From: Binder  Read Replies (1) | Respond to of 1757
 
This is by far the most DD I have EVER seen on an OTC stock. Great work and many many thanks to you Gary for your help.

Now, here is what I like about this company:

1. The intent to concentrate on one industry. If I am buying an oil stock, it is nice to know that I can walk away and in a few months come back and not own a casino stock, and orange juice company, etc.

2. The fact that Arcon is the ONLY non-NYSE company in the Bob West field. (I bet they won't be able to say that for long, as they too will likely be NYSE!)

3. 16.2 million in assets / 112K in liabilities. (Hello!!!)

4. DF-144 and just about the best two little words you can associate with it...PRE and SOLD. Market share here is incredible, and that is just in the USA. Not only is the product eco-friendly, but the subsidies for domestic production of fuel can be sweet. I could go on and on and on here, but it has all already been said.

5. I like the idea of someone at the senior level, like Will McAndrews being in charge of shareholder communications, rather than some schlepp office person.

6. I LOVE the 1998 goal for NASDAQ and/or NYSE. I plan on riding it all the way there with them!

Since they say that with the positives there must be negatives. Truthfully, I have been TRYING to find them. I have read your report(s) in their entirety 3 times now, and with the exception of Mr. Duke's remaining four weeks on the board, I can't find any.

Thank you again, Gary, for all of the hard work and time you have put into this.