Rentech(RTK) - gas-to-liquids and cleaner fuel Message Board

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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel

RTK 0.200

+5.3%

Oct 13 5:00 PM EST

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To: Alex Abuin ?+!=$$$ who wrote (6244)	7/20/1998 5:20:00 PM
From: John S. Baker	Read Replies (1) of 14347

Personal opinions here.... Price if the Texaco deal does not go through? Serious immediate drop to slightly under $1, followed by recovery over several months to near current level once people realize that there are other refineries besides Texaco's. Effect of currently-depressed oil prices upon Texaco's willingness to deal? I would hope that Texaco is well-enough run to realize that oil prices go up and oil prices go down and that a truly world-class company will want to be marching on down the road regardless of today's price. It takes a while to build plants like this, and Texaco should know it (although the anticipated application in Texaco's case will be less involved than might be for some other companies because Texaco already has the gasification (production gas, I think it's called) part in place. Just a hunch here, but I would reckon that oil prices would have a slightly greater effect upon, say, SLHO or Sasol because their application is most frequently discussed for waste natural gas. Just my hunches. Differing opinions welcomed. JSb.

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