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Non-Tech : Any Stock Warrants -- Ignore unavailable to you. Want to Upgrade?

To: one_less who wrote (403)6/16/1998 1:56:00 PM
From: Bosco  Read Replies (1) | Respond to of 1916
 
Dear brees - I am not sure it is panic selling. 1st, let me take a step back, several of my good cyberfriends here on SI hold MIDLW [if they have not already liquidated;] in fact, I have considered entering into a posiiton at one point - so I have every wish for the holders to come out ahead. However, Midland has rescinded the reverse merger agreement with Acron, so the fundamental story of why the shares [MIDL, MIDLW and MIDLP] have been on a tear in the past several months must be reexamined. I am sorry you ve lost money [on paper] and indeed Midland may be on the mend, but I think people should know the full story - that Midland may have a chance to go back as a shell.

best, Bosco



To: one_less who wrote (403)6/16/1998 2:34:00 PM
From: Richaaard  Respond to of 1916
 
Thanks for the info on MIDL. That whole situation looks scary. It makes you wonder about every aspect of MIDL's credibility including whether their past accounting is valid. Bankruptcy could be on the horizon.


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