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

To: spy hard who wrote (2269)	6/2/1998 10:39:00 AM
From: grw5	Read Replies (1) \| Respond to of 4142

Message 4683988

To: spy hard who wrote (2269)	6/2/1998 10:48:00 AM
From: one_less	Read Replies (2) \| Respond to of 4142

The focus over the last week has been away from the fundamental value of the company and its product. The common stock represents the foundation of value for the MIDLP's and MIDLW's. The attention on the strategies for handling the MIDLP's and W's, has given the impression that buying or holding common stock has no current value. Self fulfilling prophesy... the common is gradually loosing value, the others follow. I'm not promoting anything, just making an observation. I don't think its all mm games, we're doing some of this to ourselves. Hold long, especially the common and this trend turns itself around.

To: spy hard who wrote (2269)	6/2/1998 10:57:00 AM
From: Ga Bard	Read Replies (1) \| Respond to of 4142

Ok I will try ... What I cannot understand is why warrants do not trade with the stock. Is market still evaluates them as $1 strike price or is it already adjusted. They are basically. There is a 10- 12% difference. The warrants are .35 +.50 is .85 and the bid of the common is .93875 so there is a small lag. As far as the P goes the xdate has not been announced by NASDAQ so I am buying P when I can. GB BARDonices .. In previous posts if I used xdiv it should be xdate.