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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (61063)2/29/2000 11:16:00 AM
From: SargeK  Read Replies (1) of 95453
 
Mr. Ronca KNEW when to JUMP ship!

Range Resources Announces Resignation of Chief Operating Officer
FORT WORTH, Texas--(BUSINESS WIRE)--Feb. 14, 2000--Range Resources Corporation (NYSE:RRC - news) announced today that Michael V. Ronca had resigned from his position as an officer and director of the Company.
The Company and Mr. Ronca have been unable to reach a mutually satisfactory agreement on the financial terms of his departure. Mr. Ronca has informed the Company that he has retained counsel and may choose to file suit against the Company. Any such litigation, if filed, will be vigorously defended by the Company.
Range Resources Corporation is an independent oil and gas company operating in the Permian, Midcontinent, Appalachian and Gulf Coast regions of the United States.
biz.yahoo.com

Sliders CHOICE: "RRC I really , really like for a "deja 'vu - all over again" play... $2 to $5, or even $7 if we see the contraseasonal nat gas crunch that could happen... it's priced as an "option" here - the only risk is insolvency - period.
RRC - is a gift, throw some in the small cap basket here and fahgehtaboutit..."

COMMENT: "THE ONLY RISK is insolvency!" From the size of the SELL orders, it APPEARS you have a lot of agreement!!!!!! I'll NOT post "VBG", because I get no pleasure from seeing ANYONE lose money!

SOUNDs LIKE HMAR d‚j… vu ? all over again~! EXCEPT, (HMAR had $165 million in stockholders equity when THEIR management caved in to the Senior Note holders!!!!!!!!!!!)
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