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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE)
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To: Mr.Staya who wrote (31)5/2/1998 6:34:00 PM
From: Mr.Staya  Read Replies (1) of 605
 
Oriole Systems has just been written up in the Investor's News about their Y2K integration, with their technology and consulting to combat this issue for numerous corporations. At the present price they are said to be a Buy even at half the companies projected 1998 revenues. This does not even take into account their recent expansion. I am assuming this now is a strong buy in the .38 cent range, as the issue was published with the price of Oriole Systems at .45 cents. No target was given, however with the growing demand for these type of companies and the P/E's that others in similar circumstances as OOL trade at, one could summize a medium term target of .90 cents conservatively, IMO. I will try to get the whole article and then scan it in. As far as the stock itself, it appears to be relatively stable and poised for a near term breakout, taking into account this stocks previous rumblings.

Regards,
Ric Staya
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