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Gold/Mining/Energy : Range Resources (RRC) -- Ignore unavailable to you. Want to Upgrade?

To: roger m who wrote (60)	3/15/2000 11:58:00 AM
From: Bucky Katt	Respond to of 82

I have found in the past that BNO & RRC should trade at parity, and today we have a spike in BNO, so I expect this gap to be filled. What hurts RRC is the total lack of a timely hedge oil/gas strategy. They have one, but it is no good in this market. And we have all of those converts still coming out, creaming any chance of a nice rise. It looks to me like management has lost it's nerve, and in this business, that means trouble. There is lot value here, but this ain't a value market.