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Technology Stocks : Orbital Engine (OE)

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To: Maverick who wrote (4455)5/12/2000 7:32:00 PM
From: John M Connolly   of 4908
 
Maverick: the CBS marketwatch piece focused on the share price of the fuel cell companies - lots of good companies are down in share price even Microsoft. So shareprice is not a good indicator of future performance. As I understand it DCX are producing buses for delivery next year. To date OE has outboard motors on the market after a decade - now hopefully in the near future we will have some scooters. However we as shareholders have no details as to the financials of some of these deals, therefore we do not know if they will be profitable for OE. Judging from the past record - do not expect OE to surprise in the positive - rather take Murphy's Law into account. With OE, we need to know what money, and if it will make it to the bottom line before the share price will move up. This company has cried wolf too often - and as you know management is weak - so be careful in adding up profits before they show up on the bottom line. The Sundiro new was positive - but once again it is just a promise so no reaction in the share price.
John
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