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Technology Stocks : Orbital Engine (OE)
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To: q39 who wrote (4618)2/18/2001 2:04:59 PM
From: Dr Mike   of 4908
 
FWIW: This was also confirmed to me by Mr Aspinall, that Sundiro has produced and marketed 500 OE equipped bikes in Shanghai for training and shakedown purposes. He did not say that the 500 have been sold. I understood that to mean that large scale production will follow assuming the first 500 work out OK, but there is no telling what Honda will have to say about that, if anything. He also told me that OE management felt very bad that some of their earlier announcements (e.g., Mercedes) that production deals had been finalized did not pan out, and that OE will be very conservative in the future with their announcements. I hope that this does not get them into trouble by withholding material information.
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