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Technology Stocks : Racom Systems (RCOM) -- Ignore unavailable to you. Want to Upgrade?


To: djduncan who wrote (292)9/5/1998 12:55:00 AM
From: Gutterball  Read Replies (3) | Respond to 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?



To: djduncan who wrote (292)9/9/1998 12:39:00 PM
From: Drake  Respond to of 468
 
I have seen quite a few posts here about market size and a lot technospeak but I am beginning to think the only way to truly deduce exactly what will happen to RCOM in the near future would be
in the form of a really impartial analysts report. I have seen no mention of one here and only briefly saw the Spencer Edwards report that was included in the package some time ago. Is there anything in the S & E report that would give us a clue in some definite way as to what we should expect. Dilution, splits and rollbacks are the routes most often taken for desperate measures.