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Technology Stocks : Orbital Engine (OE)

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To: Maverick who wrote (3599)12/18/1998 11:41:00 AM
From: PIERRE HANDL   of 4908
 
No, I'm not. I have always said that OE is a long term investment and watching it on a day
to day basis will be important for those who wish to increase their leverage and positions at
the most opportune time. I am coming to realize that if a 4S deal is announced, OE's shares
may not move as we are expecting when you consider all the competition OE stock has
with other trading vehicles in the equities market. Investors are not focused on the
automobile industry as they are on Internet stocks. This is a market for stocks whose
companies have demonstrated sizable and significant top line growth with the hopes of
subsequent earnings. I believe that OE will experience stock price appreciation when its
financial ratios become more positive and apparent to the investment community. Orbital's past set backs, even though outside their control, has forced many to look elsewhere for capital gains. In other words we are in a moment market where positive momentum is getting most of the bids.

Companies with promise without sponsorship by the financial markets will be overlooked.
But when the fat lady finishes her song and the music stops, divine intervention will be
needed to help those who hold momentum stocks. Those who hold investments in ventures
with firm and well established business plans, good management, that have exhibited
incremental successes towards their goals will be the survivors of the next bear market and
early winners in the subsequent bull market.
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