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

To: Im-patient who wrote (11120)	10/21/1998 11:53:00 AM
From: Starfish*	Read Replies (1) \| Respond to of 14347

NASDAQ has delisted 562 companies since Jan., according to WSJ last week

To: Im-patient who wrote (11120)	10/21/1998 4:24:00 PM
From: Andrew H	Read Replies (2) \| Respond to of 14347

Fred, a reverse split for RNTK, while possible, is EXTREMELY unlikely for a variety of reasons. 1. Given the TX news, the road show, and the fact that the conversions have finished, one would soon expect the price to return over $1. 2. Nasdaq has a great deal of flexibility in regard to delisting. The recent debacle in small caps will no doubt make them less eager to delist all who temporarily fail to meet all the requirements. 3. The TX deal will give RNTK increased credibility in Nasdaq's eyes. 4. Lots more good news on tap for RNTK in the next few months. Personally, I would ignore all the foolish alarmists who are now warning of delisting. They clearly have hidden agendas or just enjoy preying upon the weak in spirit.