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

To: Kurt N who wrote (1712)	5/30/1998 10:24:00 PM
From: Jay Lowe	Read Replies (1) \| Respond to of 4142

There are a number of factors that affect price around a split ... or in this case, a split that was initially perceived to be a dividend. On the big board, strong stock often go up after splits. I commonly play Microsoft to do that. Here, tho, I think the psychological factor could go either way ... or rather it will go both ways ... up for some, down for others, nada for many ... where the balance of sentiment goes will only be known on Monday. I'm simply alerting the possible new investors to facts which ARE EXPECTED or MIGHT cause downward pressure on MIDLP, so that they have some insight into what's happening. I think there's plenty of demand for "P" ... there OUGHT to be. Ex-dividend or no ... it's still a steal at any less than whatever you think the october price will be divided by 35.