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Biotech / Medical : Isolyser (OREX)- Any comments
OREX 0.223-34.4%Apr 3 5:00 PM EST

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To: Bruce Resnak who wrote (337)3/31/1997 7:47:00 PM
From: Liatris Spicata   of 617
 
To Bruce and Thread: Sell OREX, Sell Short!
The world's best short-term contrary indicator (moi) just purchased OREX at 4 3/4. Sure sign this stock will drop. Stock trending down on no news, an overall stronger company (I think- or is that hope & a prayer?) than anytime since the IPO. Stock selling right at book, but with a promising product that needs more time to find its place in the sun. Sounds like a reasonable speculation to me.

I plan to be patient with OREX- I'll give it 1-2 years, as long as there is no deterioration in the company's fundamental position. I have some concern about management credibilty- I try to avoid stocks in which the CEO confuses his/her role with that of cheerleader.

Question: After Orex products have been treated in a wastewater plant, does it leave a lot of cellulose residue to be carted to a landfill?

Regards,

Larry
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