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Technology Stocks : ORFR-ORBIT/FR
ORFR 3.5000.0%Apr 10 5:00 PM EST

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To: crs who wrote (158)12/4/1997 1:42:00 PM
From: Mike Winn  Read Replies (1) of 475
 
Oh boy, this puppy is really heading south. I was just wishfully thinking that I can buy it cheaper but I cannot believe it actually happens. Therefore, this somewhat validates my theory that a current PE of 60 does not sound good in a bear market no matter how fast the company will grow.
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