SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ORFR-ORBIT/FR
ORFR 3.5000.0%Apr 10 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: crs who wrote (147)11/27/1997 7:20:00 PM
From: Louis Cornell  Read Replies (1) of 475
 
crs,

Actually, I would rather they not promote the stock. The numbers will speak for themselves. Wall Street can be slow to react, but react it will. I've seen new public companies ignored for many quarters before some pundit wakes up and throws it to Barron's or WSJ. IBD noticed right away, and they gave it an enthusiastic "thumbs up." I think rather than the company promoting the stock, they should focus on the bottom line, and Wall Street will do the rest.

As for ORFR "taking a dive," I think a drop from 31 to under 18 would fit that characterization. My opinion is most of the sellers have been pretty much wringed out, as the rate of descent has slowed significantly. That is not to say it can't fall more, but I see the downside risk as rather small compared to the upside potential. Watch carefully for volume...

Happy Thanksgiving!

Louis
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext