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

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To: Mike Winn who wrote (254)12/22/1997 11:21:00 PM
From: Grantcw  Read Replies (1) of 475
 
Mike, you said...

"Since late last week, I observe that large caps are lagging behind small caps. Money seems to be pooring into small caps, a phenomenon known as January effect. I think once the hot small caps have completed the initial gain, then ORFR will start moving."

Isn't ORFR pretty much a small cap? Less than $150 million in market cap, right? How come it isn't being swept up in the effect? Or was the move on Friday the beginning of its January Effect move?

Grant
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