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Technology Stocks : Orbital Engine (OE)
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To: PIERRE HANDL who wrote (1606)5/30/1998 11:47:00 PM
From: Maverick  Read Replies (1) of 4908
 
If it weren't for Europe and North America, I'd be selling.

And that's the truth. Asia is just too unstable to count on. Fortunately, we know that 4 stroke is alive and well. But stock prices are very impressionistic. Never in history have so many stocks been trading so far from the value suggested by their fundamentals. For every stock that goes up too much on "news" there's one that goes down too much. Look how "news" has affected AENG and BAAT. Goofy perceptions. These Asia issues are particularly perilous for OE. All stocks would suffer should things escalate. But OE would pay dearly, as 4 stroke is currently a no-show. Right now OE is still primarily associated with marketing clean 2-strokes in these markets. That's my point.
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