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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ray Emery who wrote (88)	5/22/1998 8:03:00 AM
From: Bobby C	Read Replies (1) \| Respond to of 4142

gary... if i'm doing my math correctly, it would appear that the midlp is undervalued and is the better buy at the current prices. am i correct in my thinking? Bob

To: Ray Emery who wrote (88)	5/22/1998 8:12:00 AM
From: Ga Bard	Read Replies (1) \| Respond to of 4142

Ok I have requested that post be removed ... I am reposting the post here. You know the figures are astounding at the potential here. HOwever you need to understand Exxon is testing that which has been tested by other major gas corporations and have in turn ordered the product. They could not supply it because the plant in Kentucky they were operating had to be shut down because the Generator had a possible explosion possibility. SInce that the plant has been completely redesign and is now from my understanding passed all requirement of OSHA and so forth. Now the key here is the 50% dividend on stock they could have sold in private placement to institutional investors. The drop in the warrant price which will reduce the amount of money the company gets on the warrants. There is a reason for that. WHY are they not worried about capital needed to built the plants? NOw unless there is more this release than I can see that one question has not been answered yet. GB