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

To: Binder who wrote (1075)	5/27/1998 12:10:00 PM
From: dreamer	Read Replies (1) \| Respond to of 4142

This e-mail just came in, sounds like they have been reading this thread. From: Steven To: ALL PREFERRED SUBSCRIBERS Re: MIDL Midland is going through ups and downs and we have just discovered an important event that you must be aware of. The stock has been on a roller coaster since yesterday. We have researched the trading cycle and have found a classic manuever called "Arbitrage" taking place with MIDL.. It is imperative that you understand what this means as it is effecting the stock price. We brought to you MIDL over this past weekend and the stock has soared since then. However, the ones making all of the money at this point are the Market Makers and not us. Here is what is happening. A MM (market maker) is buying the MIDLW (warrants) for .56 cents per warrant. (keep in mind that they can surrender the Warrant plus .50 cents to convert it to one share of Common Stock. ( New basis per share of Common of $1.06 per share. Then the MM sells "Short" the Common at the Bid price of the Common ($1.75 per share) thus resulting in an immediate profit of .69 cents per share. When the Common comes back down (as a result of the heavy selling), the MM then buys back the Common and then sells the Warrants (which were what he used to cover the sell with.) This is virtually a no risk bet for the Market Maker, and a huge profit. We estimate that the market makers profited over $500,000 dollars yesterday alone as a result of this. We are here to rain on their party. To that end, we suggest that investors should look at acquiring the Warrants in lieu of / addition of the Common. Remember, you can exercise the Warrants at any time for .50 cents. FAILURE TO EXERCISE THE WARRANTS WILL ONLY LET WHAT IS HAPPENING CONTINUE TO HAPPEN !!! The opportunity to reduce your basis by acquiring a Warrant is also a smart move for consideration. If you bought in at $2.00 and you can buy a Warrant (and exercise it for) $1.00 then your basis is $1.50 per share instead of $2.00. It could be a good insurance policy. This Company is going places within the near future. We still believe that this is a huge play for the next three months. However, we have just discovered what is happening after studying the trading journals and must relay this to you immediately. We are expecting news in the near future, however, we couldn't find out any details, the Company is very tight lipped about it. With this full knowledge, it is up to you to decide your play. We will keep you posted of events as they happen. The following is a link to a well known Silicon Investor that has explained the "trilogy theory" in more detail. Message 4575525 Steven

To: Binder who wrote (1075)	5/27/1998 12:10:00 PM
From: Jeff Harrington	Read Replies (1) \| Respond to of 4142

"P.S. - and BTW....I do indeed talk to my business associates this way when it is merited." Yuh. I bet you do. Sheesh. "However, I try to make it a point to not enter into business with those who cannot read a simple news release. And if you want someone to give you the warm fuzzys, this probably isnt the place to look. Have you thought about buying a dog?" God you are just a real piece of work. So smug. Yet providing nothing. The answer is that there is no answer. That is an answer. Have you thought about taking lessons in professional courtesy? You act like one of the biggest jerks on this thread. Jeff Harrington