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


To: Jack of All Trades who wrote (2522)6/4/1998 3:08:00 PM
From: Harry_Behemoth  Read Replies (1) | Respond to of 4142
 
IMHO the current weakness is due to uncertainty in the warrants (conversion cost/strike price) and preferred (dividend). A definitive statement would clarify the matter. Otherwise it is more like gambling than investing. Good buying opportunity though. The common is back where it was before the dividend and Exxon releases.