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

To: RavMan who wrote (288)	5/22/1998 3:20:00 PM
From: Jack of All Trades	Respond to of 4142

Ws are moving .37 X.43 !!

To: RavMan who wrote (288)	5/22/1998 3:41:00 PM
From: Boob	Respond to of 4142

Before the 29th isn't P the best investment for longs? That is my personal understanding...I have nearly all P's but also some W's....when doing the calculations and adding the 50% dividend that is the equivalent of each P converting to 52.5 common and with the common at 1 then P's should be over 50...when they convert to common, that's where the money is made..not for the daytrader but the investor definitely the best deal imo. Also don't you need to wait till MIDLW gets to .5 to exercise them? Can be exercised when common (MIDL) are over .50 (which are at 1 now making warrants worth .50 so they are undervalued too) Do you call the online broker and tell them that you want to exercise the warrants? I've never actually exercised any warrants but I understand there is some paperwork which needs to be done and I'm sure the broker will take care of that. Boov