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Technology Stocks : Orbital Engine (OE)
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To: James W. Bradsh who wrote (4819)1/12/2003 10:14:01 PM
From: q39   of 4908
 
This does make for a more efficient and better located company. Cost of sales will go down. Also, the Siemens threat to sell is now dead, as they gave up some business to Synerject as well. This should make for a better reputed company that can land some new business.

I believe that OE financial problems have given the other side leverage in negotiations with Orbital, and now it's pretty clear that the company is "worth" the current price just on the Synerject share and should not have cash flow problems. Perhaps Orbital now has some leverage and can get fair deals, allowing us to see progress on other fronts as well.

BTW, I wish OE could get delisted in Australia and only trade in the US.
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