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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey Beckman who wrote (13754)	8/9/2000 1:29:32 PM
From: The Ox	Respond to of 14427

Looks like a 300K block of OREX changed hands at 2 3/8s? It was not double counted by the MMs? I haven't really dug deep into the complex "mess" that is OREX<g>. On the surface it appears that their attempt at turning things around is moving forward. I don't know that it's enough to merit a large investment at this stage? I guess anyone who picked up the stock at or below $2 recently already have a very nice % move. The stock traded a long time in the 4s and 3s, so one might expect a return to this level. If it finds it's way back to 4, you are talking a very nice return from the current price but it's still a very risky proposition. I like the fact that the company is buying back shares on the open market, simply as a sign of confidence in their forward prospects. I'd say right now I'm a "hung" jury on OREX......