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Technology Stocks : Orbital Engine (OE)
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To: EUGENETUCK who wrote (4741)8/30/2001 6:49:27 AM
From: q39   of 4908
 
When profitability is delayed til next year every year you wonder if it will ever come.

I think it is distrust of ability to execute. AMP had been quoted as saying OE would eke out a profit in 2001 due to Delphi license fee, and Delphi apparently only paid $1 mill up front (with more due upon completion of milestones). CBA started selling after the earnings miss (12/19/00 guidance) and the Siemens Synerject announcement in February which OE has admitted has affected sales. The batting average is not too high, so risk is way too high for these investors.
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