Orbital Engine (OE) Message Board

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Technology Stocks : Orbital Engine (OE)

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To: q39 who wrote (4651)	2/26/2001 5:00:12 PM
From: John M Connolly	Read Replies (1) of 4908

Maverick: Do you want my opinion?..........I will take that as a yes! ;-). Looking at the overall company, the technology and the patents are great. We all agree that the technology works. That being said, management is a huge handicap. I thought that the administration of the company would have improved after all the blunders in the recent years, by management learning on the job and from their mistakes. The potential for the company has improved with Delphi, Saab and Aprilia - unfortunately you cannot put potential in the bank. The climate for the adoption of the technology has never been better so we cannot quantify wheather these deals are as a result of company sales efforts - but they get the benefit of the doubt. I am holding my position as I believe that the Board has to take some action in the light of recent events and I still believe that the technology will be adopted. Schlunke needs to head up the engineering dept, and as Q39 suggests a new CEO hired with his compensation tied to profits. The shortcoming of management have been apparent for some time - unlike you , I am not prepared to give them the benefit of the doubt. John

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