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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (809)	6/17/1998 12:47:00 PM
From: Frank Fontaine	Read Replies (2) \| Respond to of 7039

Gary, A friend is always better than an enemy. Enemy's You watch but true friends You do not worry about, You cherish. Not You , Not I, Not anybody has control over the panic that prevails when uncertainty hits the masses. Fear above common sense takes over and We see what has happened here, Frank

To: Ga Bard who wrote (809)	6/17/1998 5:05:00 PM
From: Binder	Read Replies (3) \| Respond to of 7039

Well, you almost have to pity someone who displays their character, or lack thereof, in such a manner. However, I am firmly convinced that what comes around goes around, and you will soon have the last laugh. I, like everyone else, have been thinking about this for the last day and a half, and I want to make sure that what I am thinking seems sensible. Yes, we took a hard hit with the loss of Spriggs and DF144, but they are history. They may or may not be back, but until such a time as they are, we cannot consider them in the future of this company and stock. Midland had other deals on the table all along, so to speak, and it is possible that any of those could go thru at any time, right? So what we have is a stock which is now on the floor, a clean shell, deals in the making, and a board who is probably the most gun-shy Board in corporate America! These people have been burned by so called friends and associates, and are probably going to be the most anal retentive people around when it is time to sit down and negotiate another reverse merger. This reminds me of the Valu-Jet crash in May 1996. Right after the crash, (and before the FAA shutdown), no one would fly Valu-Jet because they were afraid of another crash. However, at that particular time, it was probably the safest airline in the sky. That is kind of how I feel about Midland. Yes, it crashed. Yes, it was bad. But like ValuJet, I think MIDL is probably one of the safest plays out there now. I think that before another deal is even seriously talked about, much less announced, all of the "i's" will be dotted and the "t"s will be crossed. They are not going to let something like this happen again, and it is on the FLOOR! Don't the characteristics a) "Deal in progress", and b) "on the floor in price" make up the characteristics of what we look for in a stock in the first place? Isn't this all kind of basic? Or is it just me? :-) Binder