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Technology Stocks : Orbital Engine (OE)

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To: Maverick who wrote (1723)6/10/1998 1:22:00 PM
From: PIERRE HANDL  Read Replies (1) of 4908
 
There is very little or virtually no institutional trading in OE stock. The number of shares per transaction indicates this. All the trading is from individuals. You are under estimating the power of the internet via these threads. IOM, if you can remember when it was trading(pre-splits) at 3 dollars and when the news hit on the zip drive. The knowledgeable individual investor can and often does strike first. In IOM case this is what happened. Before anyone knew what a zip drive was, let alone who was Iomega, the stock took off.
IOM took off also because the market for the zip drive was easy to enter. The product was available, visible, and a demand for such a product existed among the retail crowd. OE is a different case because its products and services are not focused to the retail channel. Implementing the technology has a much more significant impact on how OE's clients will do business and only because of regulatory pressures. If the price of gasoline here in the US was 2 dollars a gallon or above, the demand for OE's technology would be driven further. Europe could be a case where this may occur. As knowledgeable investors of coming trends and alternatives, we can support each other by sharing information and helping others to the same conclusions. When the industry buys into OE's technology, we will be there when it happens, way before the Wall Street money managers who will bid up the price to get a piece of the action.
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