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Technology Stocks : SLH Corp. (SYNM) - From natural gas to crude oil
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To: Terry Lyon who wrote (67)3/8/1998 4:28:00 AM
From: James J. Franklin  Read Replies (1) of 281
 
Your question is an intriguing one.
I am currently researching Rentech.
They have a website at www.gastoliquids.com
They have a variation of the Fischer-Tropsch process whereby they use an iron catalyst instead of cobalt(cheaper and more varied applications according to Rentech). They have 16 employees. They have a commercial plant up and running. They have some sort of agreement with Texaco or an almost agreement with Texaco(I'm really not clear which).
Syntroleum has an agreement with Texaco and several others as we have talked about on the thread before.
For info on Rentech, please see:
gastoliquids.com
I have several e-mails outstanding to obtain answers to your question.
First, there has to be a good reason for the difference in the stock price. I think the fact that Syntroleum has signed agreements to license their technology indicates their technology is of more interest to the oil execs than the Rentech technology.
Im guessing the prospects of not having to use pure oxygen in the Syntroleum process, provides lower economic costs overall and the plan to have portable barges to get to the hard to get to gases has the oil executives drooling over the prospects for making BIG money.
But, if RNTK can get some agreements signed, it looks like it will be the investors who are going to make some good money. The prospects of a double, triple, etc. for Rentech is why several people have defected from the thread.
And very possibly why RNTK is experiencing massive volume compared to SLHO.
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