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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 (1690)	5/30/1998 10:54:00 PM
From: MARK R. BLACK	Read Replies (4) \| Respond to of 4142

No offense is taken...still i am asking a very basic question of those bullish MIDL ....i bought MIDLW warrents for the 1st time on friday @.46 i believe. So as i understand it the conversion to a share of MIDL is .46 + .50 = .96......the stock is @1.06...so i may have a bit of a positive spread if i was able to exercise the warrents and sell at the above price...okay no big deal, not worth the effort i suppose. As i follow all this ,the warrents should act in tandum with the stock price so again i am asking those of you bullish midl the following; 1) what would you do with the warrents that you hold at .46 today ? 2) is their any need or value in exercising them at this point of time, and or is holding the warrents for any length of time any big deal ? again i am not offended and will confess my ignorance, i did not know much about CSCO & WCOM in 1995 so my stupidity has paid off. i just want to know what some of you are going to do with these warrents. Mark