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Technology Stocks : Orbital Engine (OE) -- Ignore unavailable to you. Want to Upgrade?


To: Maverick who wrote (4465)6/19/2000 4:33:00 AM
From: John M Connolly  Read Replies (1) | Respond to of 4908
 
Maverick: If you are mystified why one would criticize their own investment maybe this will help clear it up.
Message 6896415
As to wheather I am a short and a shyster --- No sorry, I am long and I do not belive in getting into the name calling business - there is enough of that over on Yahoo.
As to spending endless hours on OE ---- Again, NO sorry, I likely spend less than 30 minutes a day on OE.
As to wasting my life away - No sorry, I treat my investments as a business, and I expect them to perform.
You are correct when you say that life is too short to waste away, however the interaction between people is what makes life interesting. However, if you are not interested in their opinion - it is likely that they will not be interested in yours - I like to hear the opinion of others - it must be a flaw in my character.
For any other who may read this post - this is my opinion of Orbital. The OCP technology is brilliant, and was invented by brilliant engineers. Now these brilliant engineers think that they are brilliant managers - WRONG! Brilliant engineers usually make awful managers( no offense Maverick).
OE management has left a trail of errors in their wake the MB fiasco, the convertible, and the latest - in last years annual report they indicated that they would likely be profitable - now we are looking at larger losses and on top of which they need more money. " With OE success is always two years away" - No I did not say that - actually Maverick said that - go to post #2639. The good news is - that OCP is making progress albeit slow ( but we have no PR or marketing that we can see) the Aprilia and Peugeot deals are moving us forward. If we can get some bottom line profit I belive that would move the shares up, If we can get an auto deal and they do not need another private placement to develop that ( the current placement was to develop the motor bike market ) the share price could be out of the single digits per ADR. But the BIG question is can the technology overcome the management - and I do not know the answer.
OOps - I have almost used up my 30 minutes.
John