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

To: Vinnie who wrote (1160)	5/7/1998 6:10:00 PM
From: jeffrey rainey	Read Replies (1) \| Respond to of 1757

Vinnie The Ps for me are the best play, the conversation makes it a no brainer. Regards Jeff

To: Vinnie who wrote (1160)	5/7/1998 6:15:00 PM
From: Kurt N	Read Replies (2) \| Respond to of 1757

I like the idea of getting some warrants in addition to the common when MIDLP converts. Assuming that the exercise price of the warrants is 100-200% of the common price when the MIDLP converts would be a smart move on Arcons part. Not only would it encourage long term holding, it would also provide the company with additional cash (to use for it's expansion) when this is a $20 stock. I wouldn't mind being given warrants excercisable at $1, but $5 or $10 would be more in line. Kurt