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

To: makin_dough99 who wrote (159)	5/22/1998 12:18:00 PM
From: Russell Gish	Read Replies (2) \| Respond to of 4142

Correct me if I'm wrong, but isn't the ratio of warrant/common about 0.4? In other words... with common at 15/16 right now warrant is undervalued up to 3/8. Not trying to confuse anyone, but this was the simplest way I could ask. Good Luck, Russ

To: makin_dough99 who wrote (159)	5/22/1998 12:31:00 PM
From: Ga Bard	Read Replies (4) \| Respond to of 4142

OK Barry you are correct in what you are saying ... if you read all the filings back to the start you will find two ex officers do have warrants P and common free trading. They have been terminated and are probably selling their holdings because they have no idea what is going on with the company. However the investors all know this because we read the fillings and they have been selling in accordance with the SEC laws. We have been buying them. Now they could only sell a certain portion a day. For all we know they are out of the P and the common and been selling warrants but they are almost out of them. We know because of the share count. I mean I do not understand why you think their is no MM manipulation. I have a count on the internet investors ,... We know what is going on. We know what is going on. GB Heck BLHG is down ticking on all buys ... MIDL is being down ticked on all buys. They are using the warrants to shear down the common. Again we know what is going on and we know the count on the P 118K and common 2.6M ... We know.