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Politics : RAMTRONIAN's Cache Inn

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To: Gutterball who wrote (3934)	9/19/1997 1:51:00 AM
From: Richard Wright	of 14464

Dan: Racom got a bit of a favourable mention a few days ago. Ramtron owns about 40%. Another 20% is listed on NASDAQ. There is a possibly interesting backdoor entry to Racom via the owner of the remaining 40% (approx) of Racom, which is Intag International. As I understand it, Intag has 71.98 million shares on issue and owns 5.42 million Racom shares. With Racom closing yesterday at US$2.81, this means that Racom is worth US21.7 cents to each Intag share. Yet Intag is trading at US11.4 cents on the ASX. Intag has some legal action pending, so perhaps its possible liabilities are perceived as a worry. But Intag might be worth looking at if Racom's price takes off and the kangaroos don't notice. I hope so. I bought Intag at twice its current price. Cheers, Richard Wright.

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