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Technology Stocks : Orbital Engine (OE)

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To: John M Connolly who wrote (4608)2/15/2001 6:53:40 PM
From: q39  Read Replies (1) of 4908
 
I really don't think cost controls or profits are the issue at this time. The major question is who is gonna purchase Siemens' share of Synerject, at what price, and when. Uncertainty is driving the price down.

Communication does need to be improved, because at the AGM we were basically promised more frequent announcements and deals (particularly in the motorcycle/scooter area for which the $30 mill was raised), and I don't think we've seen anything that could be considered positive since (from OE) or that confirms that OEC is meeting its milestones. They are creating more uncertainty about execution. It does seem the least they could do to enhance shareholder value is to get someone skilled at writing innocuous press releases.

But evidence mounts that the HPDI systems are unworkable in the real world and that the Orbital air-assisted LPDI is the only direct injection that works reliably and performs as claimed. I can't help but think the HPDI systems are poisoning all thinking about direct injection, and I think OMC's scapegoating direct injection and the EPA for its problems isn't helping either. I think the source for the article in the San Francisco paper (from Maverick's post 4607) had some agenda against Orbital.
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