Racom Systems (RCOM) Message Board

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Technology Stocks : Racom Systems (RCOM)

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To: djduncan who wrote (292)	9/5/1998 12:55:00 AM
From: Gutterball	Read Replies (3) of 468

Actually, a reverse split wouldn't be that bad. I can't believe Racom has so many shares (15 million +) tied up by so few interests. A 1 for 2 reverse could free up 11 million shares, enough for a small secondary offering and an equity placement. It would also shift control away from Ramtron and Intag which is the way it should be. But as I have said before, don't look for Ramtron or Intag to give away control. That's also why I believe someone big is behind Hinds. A reverse would be the best way to protect the wee investor not to mention it would be easier to take now rather than later at 1 for 4 or something. But since when did anybody do anything other than try to gouge the wee investor. Anyone going to the special meeting? I'm wondering if those X-Verifone VPs walk in carrying their balls in a wheelbarrow like the folks at HP say they do?

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