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

To: SC Anderson who wrote (1270)	5/28/1998 11:45:00 AM
From: Oscar	Respond to of 4142

Just got more Ps at 20 -- dividend schmividend. Oscar the Poet

To: SC Anderson who wrote (1270)	5/28/1998 1:12:00 PM
From: Jay Lowe	Respond to of 4142

Yes ... because of the recent changes in the structure of the common, warrants, and preferred, we will be seeing a lot of synthetic volatility until things begin to settle. The prices of the various issues will move around like wild in no apparent (from here) relation to anything going on with the company. This movement is related to the big holders playing out their own ideas of the best moves to make. For us, the best move to make is to hold whatever you have and buy more whenever the price dips significantly below your current cost level. You probably know all this already, SC ... these comments are for the benefit of others who may be wondering "what the heck kind of rollercoaster have I bought into!". Cheers ...