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

To: Gary Lutz who wrote (851)6/17/1998 9:30:00 PM
From: Gary Lutz  Respond to of 7039
 
Does anyone one have a estimate on how many P are in the float.Seems to me Fisher was probably selling the day after the dividend release.No wonder he was so generous!



To: Gary Lutz who wrote (851)6/17/1998 9:31:00 PM
From: Netnut7  Read Replies (1) | Respond to of 7039
 
Jim,
What suggestions do you have for another Co for MIDL to merge with? I think the internet businesses are doing well and would be the way to go.
Kevin A.



To: Gary Lutz who wrote (851)6/17/1998 10:42:00 PM
From: TJG  Respond to of 7039
 
Gary Lutz, You're correct, I did not speak to the dilution issue.I was figuring (assuming) that the stock price once diluted after the 10/1/98 conversion would be at it's current level of 3/8. That, with a buy of x-P @ $4.5 tomorrow would mean that I could conceivably break even on my total investment..Of course we all know that the C's will be much higher after dilution come Oct, (star light... star bright....).

TJG


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