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Technology Stocks : Orbital Engine (OE)
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To: Maverick who wrote (1709)6/9/1998 8:04:00 PM
From: Maverick  Read Replies (3) of 4908
 
Thanks for the report marcelj.

Please don't be offended that I'm disappointed though. I think we can forget about June. It sounds like we've got a much longer wait ahead of us. To be talking about a road show to fire up institutional interest suggests that she doesn't expect any news to lift the stock. But I was really surprised by the mention of September! VERY discouraging. This is what I was worried about Pierre (with suggestions of June). Without a deal, by September we will back in the $3's. Should an additional delay occur (how many is that?), then we'll see $2's in December. A virtual gutterball stock. I'm wondering what kind of reception you get when you try to sell single digit stocks to institutional investors anyway?

BTW, what is the cheapest stock on the NYSE?
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