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Technology Stocks : Orbital science (ORB)
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To: Angelo J Cici who wrote (1314)3/26/1998 10:01:00 AM
From: Irene Harvey  Read Replies (1) of 2394
 
Angelo - I saw part of that interview. He did not sell all of the stock. He stated he trimmed his position. He runs a small cap stock fund and many of these funds have a high turnover rate. He also stated something like the stock had caught fire. He had it many years and he took some profits. It had nothing to do with his feeling frustrated. Most of these funds are not Warren Buffett type of managers, and it's clear most investors are not either.

I have to tell you that all this exuberance makes me nervous. I do not like the idea of this being a "hot stock."
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