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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?

To: dennis reed who wrote (1758)	3/8/1998 1:28:00 PM
From: Bert Zed	Read Replies (1) \| Respond to of 14347

Good question/post. I can hear double clicks on FreeEdgar all around the world......including me ! I think you will have a few replies after we have done some reading. But the points you raise will have some bearing on price action if and when the deal is announced.

To: dennis reed who wrote (1758)	3/8/1998 10:39:00 PM
From: pressboxjr	Read Replies (3) \| Respond to of 14347

Dennis, This is just my opinion but why would the preferred's that were issued just a few weeks ago now be put on the selling block. That wouldn't be very smart. How much in lost commissions? I believe that the preferred's were issued because RNTK needed the cash at the time and the Texaco deal wasn't done. But something has changed. I think the 18,000,000 shares being sold is the equity that Texaco is going to take in RNTK and is part of the deal, thus necessary to file the S-3. All you have to do is read "between the lines" and the picture becomes much clearer. Also, why did BT Alex Brown, who owns shares of RNTK, place a Strong Buy on Texaco last Thursday. Just by coincidence, that S-3 was filed on Wednesday. This is JMHO, but I believe we are real close. HR