Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ga Bard who wrote (1627)	5/18/1998 7:01:00 PM
From: Vegas	Read Replies (2) \| Respond to of 1757

Don't know about Crossy but it tells me they don't need the money. That must mean they are planning on having lots of it soon :-) JF

To: Ga Bard who wrote (1627)	5/18/1998 7:47:00 PM
From: Crossy	Read Replies (1) \| Respond to of 1757

Gary, thanx for providing me Your conclusions.. "Crossy in your analytical process since you are really trying to figure out my logic" Well, how did You arrive at that <g> ? My conclusion of Point 1) is - since Mr. Fisher owns the other part of preferred - means to me the company doesn't need that cash any more. Especially after they sold the BobWest field - maybe (just my opinion) to one ex-employee who left and always wanted to do the oil-drilling game <?> Point 2) leads me to conclude the same than 1) with one added thing - since the automatic conversion procedure was reworded with a conversion option - You have to take into account how many warrants have been issued to date. If all the volume has been sold as of now it's a very strong indirect indication that cash-flow will be available imminently. If not, this means that this may be all the cash-flow Arcon will need shortterm and they will be handling it with warrants.. Just my reasoning.. regards CROSSY