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


To: Mike Roberts who wrote (1054)5/27/1998 11:41:00 AM
From: Dusty  Respond to of 4142
 
Off Topic.. News Letter: Bob Frey Featuring MIDL

Hi,

Welcome to the many new members.

Way undervalued?

MIDLW

MIDLW is the warrant for the MIDL common shares. They trade on the
OTCBB just as the MIDL common do. It was announced on about the 18th
of this month that the strike price would be lowered to $0.50 from $ 1.00. The
warrants will expire in the year 2001.

What this means is that for each MIDLW you own you will be able to buy a
MIDL for $0.50. The MIDL common are trading @ $ 1.375 ask by $ 1.31 bid
at the time of this writing. The MIDLW are trading at $0.53 ask by $ 0.50 bid.

A quick check of the math and you will see that the MIDLW are way
undervalued as compared to the MIDL. the MIDLW should be about $0.875
ask by $ 0.81 bid plus they should have a premium for the time you have to
exercise the warrant.

I have been buying the MIDLW.

Do you want real time free news? We have set up several pages of
automatically refreshing news. Let us know what you think.

allstocks.com

PROFITS one thing we all can use... Good Luck to Ya!

Bob

For further information on STOCKS TO WATCH:

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Disclaimer: Investing is very, very risky. This newsletter is not nor should it be construed as investment advice. Always do
your own due diligence and consult with experts whenever possible. The author is not an expert or financial advisor. The opinions are those of the author only. This author assumes no liability. Please do your own research!

c 1998 Bob Frey. All rights reserved.



To: Mike Roberts who wrote (1054)5/27/1998 11:42:00 AM
From: Jay Lowe  Respond to of 4142
 
>> someone from Arcon will be there within half an hour to sign the paperwork

Isn't the internet cool ... here we are tracking the Arcon officer
on the way to the transfer agent ... wait, just a sec, ok ... he's
past the stoplight at 82nd and First.

Reminds me of watching VLNC's action as we tracked the progress
of a ship carrying plant equipment to Northern Ireland.

Is this cool, or what?