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Technology Stocks : Orbital Engine (OE)
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To: John M Connolly who wrote (4606)2/15/2001 4:33:16 PM
From: John M Connolly  Read Replies (2) of 4908
 
Well, there was a answer of explanation from George - here is the link:
messages.yahoo.com
The answer is pure junk - bottom line - he has no basis for his statements. I stand by my opinion that shareholder value is a secondary goal for orbitals management. Until there is some evidence to the contrary, by the way of costs controls or profits our share price will continue its lackluster performance.
In the recent days we have had quite a drop in price, I would assume that this is related to the forthcoming earning results.
It is now over a half year since the dilution and as yet no apparent results to justify the raising of A$30M to " take advantage of the window of opportunity"
John
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