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Non-Tech : Invest / LTD
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To: Thean who wrote (13575)7/13/2000 10:50:50 PM
From: J_W  Read Replies (3) of 14427
 
Thean,

I think your analysis OPMR is pretty much on target. I do not expect much in the way of major announcements from them until this fall. I expect them to announce earnings that are at worst inline with expectations. Meanwhile they have quite a backlog of installations to work on.

As of the last month OPMR has been under a short attack. One of SI's more notorious shorts, Auric AKA Steve Worthington is behind this. He has managed to get published in BusinessWeek Online with a list of stocks to short.

businessweek.com

Now I don't really care if he wants to short the stock, after all shorting is part of the market. But I do object to his short and distort MO, not to mention his online persona. Quite frankly I would think OPMR would be a poor choice to short. With the small float any good news will quickly launch the stock. And since there are no options available, you can't limit exposure by buying puts. Not a good idea if you ask me.

Jim
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