SI
SI
discoversearch

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: Ga Bard who wrote (1293)5/28/1998 1:34:00 PM
From: Kurt N  Read Replies (1) | Respond to of 4142
 
Anybody care to loan me some money :-)

If you must know, all proceeds will be used for a good cause (buying more of the MIDL triad) and to take advantage of today's fire-sale prices. Missed today's dirt-cheap prices.

Kurt



To: Ga Bard who wrote (1293)5/28/1998 1:54:00 PM
From: makin_dough99  Read Replies (2) | Respond to of 4142
 
Agreed - I believe that anyone selling, or shorting, the P dividend has sold something that does not yet exist (until registration). Even then the dividend P that people are selling yesterday, today, and tomorrow, sold a P with a different conversion date than the P that is presently being traded and should not have sold "unregistered shares". They will most likely have to cover their sales, or shorts.



To: Ga Bard who wrote (1293)5/28/1998 2:12:00 PM
From: SC Anderson  Read Replies (3) | Respond to of 4142
 
ROFLMAO - Just got off the phone (for the 3rd time today) with Web St. Securities. I had them checking into the P's dividend issue (again), specifically when would I be free to sell the P's without losing the dividend (not that I intend to mind you). Are you ready for this - they checked with US Clearing Corp and were told that US Clearing was advised that the dividend was on the COMMONS not the P's. "No friggin' way", I told them and gave them the TA's name and number. Talk about a zoo, none of these outfits knows which end is up. Is it any wonder the prices are all over the place. IMO, MIDL needs to issue another release soonest restating the facts for the benefit of the brokerage houses - and this time use a service which all the houses will see. Neither of mine got the 5/18 release.

Steve



To: Ga Bard who wrote (1293)5/28/1998 4:06:00 PM
From: Cleve Noyes  Read Replies (1) | Respond to of 4142
 
<<ALso I heard now that all P & dividend are being converted in Oct 1999 well they can't do that because it would take a vote from the shareholders that hold the P to extend the conversion date.>>

GB:

You heard this from whom? Some poster who is spreading misinformation or from a reliable source at Arcon? I'm confused. You've stated about a zillion times that P holders of record COB tommorrow would get the div which converts Oct 99 but that the P would convert Oct 98. Is this still correct information? Thanks in advance for any clarification you can provide.

=8-) Cleve



To: Ga Bard who wrote (1293)5/28/1998 4:31:00 PM
From: Dusty  Read Replies (1) | Respond to of 4142
 
Hats off to you Gary you said a mouth full. Most don't read at all they skim and JMO, and it don't carry no weight here but, ANYONE selling any of it is taking a chance; fueled by greed. To sell the "P" or even try to is insane! You can not sell "FREEBIE" yet. Or that was my take on it. If you sell, it is no longer in your account and the way I see it; no freebies shares.

Well ya all can do what you want but I am not greedy or anxious so I will wait the bucks will flow in due time.

Dusty :o)