SI
SI
discoversearch

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 : Orbit International (ORBT)
ORBT 4.000-2.9%Nov 25 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Driscoll who wrote (7)4/8/1998 7:48:00 PM
From: Ken W  Read Replies (1) of 20
 
Bill,

Just a general information post. The Three Amigos Stock Thread has taken a position in ORBT as of 4-8-98. We like the fundies of the co. and are interested in their focus into the commerical aspect of the industry as they are pulling away from the Mil. just a bit.

I spoke with the CFO Mitch Binder on 4-6-98. He was very positive on the co. outlook. He also informed me that they were in talks with a PR/IR firm.

There are two undervalued co's in this field that ORBT is looking to aquire and is working on capital with OEM Capital.

Presently we're are awaiting a news release concerning a 1.5 million award to replace the display boards on the trading floor of the NYSE.
This is a done deal, just not announced yet.

Having posted .30 eps for 1997 and trading at 13 times trailing earnings we feel that this is an undervalued stock that should be trading at least 50% higher.

1st Q earnings are due out the first week of May and Mr. Binder said "they will definitly beat 1997 1st Q" he would not say how much of course.

Ken W
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext