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


To: Dr Mike who wrote (4550)10/30/2000 9:57:52 AM
From: dwight martin  Respond to of 4908
 
We can hang in there on boats and cycles. Cars are where the bucks are, and those people are notoriously conservative. Tripling in the next quarter? Not without actual contracts for inclusion in cars, no.



To: Dr Mike who wrote (4550)10/30/2000 12:49:07 PM
From: q39  Respond to of 4908
 
Dr. Mike,

You are a tough customer! A triple in a quarter? We hope.

OE is a 2-pronged investment in Australian currency and Orbital Engineering Corporation. I think the currency aspect of the investment has frightened American investors and American trading of OE has somewhat dampened enthusiasm for the stock in Australia (and I also think the currency is pretty much solely responsible for the fact that OE is nowhere near its high in the USA). If the currency recovers and US coverage increases a triple on OE is possible in a quarter. But, what do you think OE needs to do to increase US coverage. Issue more press releases? Try to get on TV? Meet with American stock analysts? Would that be enhancing shareholder value?

Personally, I like the steady growth in stock price and I expect when American automotive products with OCP hit the streets OE will finally get American coverage.

That was a very optimistic set of AGM speeches though. I don't think carbon credits become marketable until 2008, and I am totally confused as to how a single company can sell them. I think a conference of parties is being held at the end of this year to finalize the details.



To: Dr Mike who wrote (4550)10/30/2000 1:02:12 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 4908
 
Greedy, greedy -- wasn't the quadruple from 2 last year sufficient? Seriously: OE isn't "cheap" anymore based on business in the ground. It's all up to growth prospects: 4-stroke, MC, China, etc, of which all are uncertain. Could OE triple from here? Sure, given continued successes and a friendly market. But OE isn't for widows & orphans. -mb