Rentrak Corporation Message Board
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Selling assets, divisions, subs,
is no problem, assuming there is a ready and able
buyer willing to pay the asking price. As far as
shareholders are concerned, worst case is that we own piece of
a more valuable company with more cash,liquidity,
securities,and various other assets, etc. Of course, this
assumes RENT receives a price for "assets" which is
favorable, which I think will happen. Should RENT spin
ComAlliance off as a public company, it is likely
shareholders will be compensated, ie. shares in the new
company, cash, warrants to purchase shares in new company
or some other special consideration. In any case the
breakup value of RENT's various businesses is worth a lot
more than $4.75 a share!-
1. Record profits
2. Record revenues
3.
With only 10 mil shares outstanding litigation result
could
generate mega dollars per share (if
successful)
4. Comalliance is a sleeping giant
5. Opportunity
perched on front door now -
This is just the start of some big news.
Hollywood will now be more likely to settle than let this
thing go to court.
Warner deal not too far
away.
New contracts for fulfillment not far
away.
New blood injection new excitement in the
stock.
Internet play may soon become a reality.
Get on the
bus before this one hits $8. -
COURT GRANTS RENTRAK MOTION TO ADD CLAIM FOR
PUNITIVE DAMAGES
Against
Hollywood
Entertainment Corporation, Giesbrecht and
Gordon
PORTLAND, Ore., Sept. 1 /PRNewswire/ -- Rentrak Corporation
(Nasdaq: RENT) today announced that on August 31, 1999, a
Multnomah County Circuit Court judge granted a motion filed
by Rentrak. The ruling will allow Rentrak to add a
claim for punitive damages to its complaint against
Hollywood Entertainment (Nasdaq: HLYW), Hollywood Senior
Vice President Bruce Giesbrecht and former Hollywood
Senior Vice President Douglas Gordon.
Trial
begins on January 10, 2000, in Portland, Oregon. SOURCE
Rentrak Corporation -0- 09/01/1999 /CONTACT: Investor
Contact - Rick Nida of Rentrak Corporation, 503-284-7581,
ext. 295; or Media Contact - Dick Gersh of Richard
Gersh Associates, Inc., 212-757-1101, for Rentrak
Corporation/ CO: Rentrak Corporation; Hollywood Entertainment
ST: Oregon IN: ENT SU: LAW -0- Sep/01/1999 8:01 EOS
(PRN) Sep/01/1999 08:01 197 \u0003 -0- (PRN) Sep/01/1999
8:16 \u0004 ab -
Explain yourself, then go wipe.
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everyone, don't listen to anything that but_itch says he is a hyper and dumper from other boards
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what the hell does that mean you dork?
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<EOM>
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large volume and nice increase today,any thoughs on why?
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Where is the news? The rest of your message I agree.
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I heard that the deal is almost done. The news is
already out there. The bigger news is how well their
fullfilment business is doing which is majorly kicking. I
have been holding all my shares until more people
understand their business model and start buying the stock.
Also, the lawsuit still looks favorable for Hollywood
to settle before it goes to trail. - View More Messages
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