Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Charliss who wrote (9750)	10/1/1998 7:48:00 AM
From: Woody	Respond to of 14347

This baby is starting to look ugly... Woody

To: Charliss who wrote (9750)	10/1/1998 8:37:00 AM
From: Bradpalm1	Read Replies (2) \| Respond to of 14347

Substantitive Yahoo RNTK post. BTW Charliss, I would characterize Charles as derisively smirking at us pathetic souls rather than overtly taunting (is this splitting hairs or what?). Reality check arch_stanton_ (42/M/Boca Raton, FL) Oct 1 199 2:14AM EDT Well, I am not the suspicious type, but some of this is starting to wave some "red flags", so here's to some facts. I believe it is in order. I have as much frustration in RNTK as the next person, yet the constant recitation of "RNTK is a disaster" is conveniently supplied at this time. Do your own thinking and investing, just consider what is fact versus, uh, opinion? 1) RNTK revenues are increasing due mostly to its OKON acquisition(92% over same 3 qrtrs. '97), although such increases have slowed. There are no earnings, only losses, roughly 9 cents a share annually. Losses have increased, and the company is spending large amounts on "administrative" and public relation costs. 2) Book value, since bv is directly related to the "booked" value of asets, and since RNTK's few assets that are "booked" are also depreciable, BV is falling. Using BV to value most equities is a flawed approach, for a company in the information or knowledge business, as RNTK undoubtedly is for GTL, is amazingly misguided. 3)Dilution/conversion has been ongoing for over a year in terms of dilution and conversion for several months. Funny the focus on that now. 4)Delisting, hardly. At this point RNTK has had a closing bid of Cancel Changes Normal Font Fixed FontSend questions and feedback to webmistress@techstocks.com