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

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To: Grantcw who wrote (273)1/13/1998 12:06:00 PM
From: Naggrachi   of 475
 
<<Orbit sure is running up today. Up to 17 3/4. >>

Yeah, it sure is kicking ass today. :-)

<<If it can make it past its short-term resistance around 18, we could see another big run-up IMO. Is there any news out there? >>

This is a company with solid fundemenatls, no matter how negative things get for the market, ORFR will rebound to it's fair value in due time. Case in point, the last two days. There wasn't any news yesterday when it hit 13+, there isn't any today, either. It's basically up to where it should be.

<<This stock sure does bounce around when there are a lot of concentrated buys or sells, even at low volumes!>>

The float is small especially with only 2mm shares outstanding. The only thing an investor in this company should be concerned for, is earnings. Earnings will drive this company, the day to day volitle swings are meaningless. Although, I must admit, this stock is every day traders dream.

For now, Feb 2nd is the big day.

Zead

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