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

To: Crossy who wrote (259)	5/22/1998 2:40:00 PM
From: Boob	Read Replies (1) \| Respond to of 4142

I did a little number punching and came up with the following... Present ask of MIDL is 1.03 Present ask of MIDLW is .39 Present ask of MIDLP is 32.00 With MIDL ask at 1.03, MIDLW should be worth (1.03 - .50) = .53 plus time conversion of 2001 premium...thus they are at least (.53-.39) .14 undervalued at the present time. With MIDL ask at 1.03, MIDLP should be worth (1.03 x (35 + (50% dividend or 17.5 extra shares)) = $54...thus they are (54-32) = 22 dollars undervalued at this time. Just some number crunching I did, HAHAHAHHAHA Boob