SLH Corp. (SYNM) - From natural gas to crude oil Message Board

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Technology Stocks : SLH Corp. (SYNM) - From natural gas to crude oil

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To: James J. Franklin who wrote (18)	11/11/1997 3:20:00 PM
From: Dan Chen	Read Replies (1) of 281

To All: The primary holding of SLH is 32.5% of Syntroleum. At $50, SLH has a cap. of $250M which means the market places a value of $769M on Syntroleum. Like Syntroleum, RNTK is also a GTL tech. co.. It has 8 patents and a working plant that produced about 300 barrels per day. At a very undervalued $1 5/16 and 22.7 M shares outstanding, its cap. is only $30M, 25 times cheaper than Syntroleum. It is in negotiation with Texaco for joint development. I took profit in SLH and invest in RNTK instead.

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