ORFR-ORBIT/FR Message Board

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Technology Stocks : ORFR-ORBIT/FR

ORFR 3.500

0.0%

Apr 10 5:00 PM EST

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To: Louis Cornell who wrote (371)	4/19/1998 2:20:00 PM
From: Grantcw	Read Replies (1) of 475

Louis, I agree with you that the last 2 day's action seems significant. ORFR broke out of its base made in the last month or two and it stormed through its 50 day moving average. I didn't expect this move to occur so soon because I believe the serious earnings growth won't occur this quarter. Either way, it's encouraging to note that investors like this stock for one reason or another. It may just finally be that the institutions are shifting to the small caps in their search for value. I'm going to establish a small position tomorrow and wait to see what happens in the next few days before adding. I've never been able to figure out which way this stock is going to turn. Grant

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