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


To: Ga Bard who wrote (2225)6/2/1998 12:03:00 AM
From: SC Anderson  Read Replies (2) | Respond to of 4142
 
<Any broker will tell you that until the x date arrives any thing you buy will get the extra shares.>

Ok Gary, when was ex-div day?

<Effective at the close of business on May 29, 1998, the previous announced dividend of the Series ''A'' Preferred will be implemented as a 3:2 split. Signature Stock Transfer will be notifying the DTC of the terms over the weekend.>

The TA hasn't got a clue as of late this afternoon. I talked to Jason again today. How does that stack with the release?

Steve



To: Ga Bard who wrote (2225)6/2/1998 11:51:00 AM
From: Ripley  Read Replies (2) | Respond to of 4142
 
>>Well let me tell you ... as long as you are buying I do not see where you can loose.

Unfortunately, not everyone has the money to keep buying. It was used up by the higher price to meet the original deadline. End result = less shares at higher cost. That is what grates.