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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 (135)	11/13/1997 6:40:00 PM
From: Louis Cornell	of 475

Mike, I am back in now. See flash.net I rode this from around 16 to 24 on the initial run. Today we're around 18 and change. I feel pretty comfortable here. I'll be following closely to possibly add to the position. So far, the rate of descent has slowed to almost nil. It looks like it's setting up to pop back up, IMHO. As for P/E, I don't want to rely on uninformed investors to make profits. I want to rely on informed momentum players who smell opportunity. The market is still treacherous right now, but the fact that this is the only stock I own now should tell you something about what I think of the stock. I am humble enough to know that anyone, including me, can pick winning stocks in a bull market, but not so many can in a bear market. "You takes your chances..." regards, Louis

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