Orbital Engine (OE) Message Board

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Technology Stocks : Orbital Engine (OE)

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To: Maverick who wrote (1685)	6/5/1998 6:04:00 PM
From: PIERRE HANDL	Read Replies (1) of 4908

Maverick, Please! OE does not need a growing auto market for it to grow. It only needs market share for those new autos that come on line. A 34.7 million unit auto market is nothing to sneeze at. Give OE a 5% share of the engines and multiply that by $25 US dollars to keep it simple you get $43.37 million dollars in revenue from the auto sector. Assume 500 employees that comes to $868,000 sales per employee. Then multiply that by 50% for dividend distribution you get $.51 per share assuming 43 million share outstanding. Don't hold me to the number of share or number of employees, these are strictly from memory. I got to go, but I couldn't help to respond to your post pronto. I will comment more later. Pierre

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