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Technology Stocks : ORFR-ORBIT/FR

ORFR 3.500

0.0%

Apr 10 5:00 PM EST

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To: Mike Winn who wrote (44)	8/22/1997 8:21:00 AM
From: majaman1978	of 475

Mike: One of the things I was looking at (and what kind of bothers me) and I know how these momentum stocks work is that the EPS of .20 (as well as .35 for 6 months) for last quarter as based on 4.3 million shares outstanding. There are now around 6.1 million, thus prior earnings need to be adjusted. What scares me is that Orbits' next quarter might show < .20 or even less although the overall numbers probably will be better. But this scares many momentum players since they won't really see an increase in EPS. But it's a good company, I wouldn't doubt seeing 30 maybe next year?

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