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Gold/Mining/Energy : Rainmaker (T:RNK) Announces Q1 Results - $0.09 EPS -- Ignore unavailable to you. Want to Upgrade?

To: Praxis who wrote (68)	1/21/1999 8:53:00 PM
From: Ciao	Read Replies (1) \| Respond to of 73

I just received a comprehensive IR package from RNK. There was a disappointing Q3 due to disappointments in LA and higher expenses. However, this is fully accounted for with the stock price trading at book value. There was great news on Dec. 3 when PMP announced a 14 picture deal and the first multi-million dollar contract since RNK acquired PMP in July. This news does not appear to be reflected in the stock. IMHO, OVERSOLD, and it is now trading at the bottom of the trading range again.