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


To: q39 who wrote (4616)2/17/2001 2:29:07 PM
From: John M Connolly  Read Replies (1) | Respond to of 4908
 
Q39: I think that you are absolutely right about the check clearing the bank before they will say anything - remember the Mercedes fiasco. Even more recently Sundiro blew up - IMO there is more to the Sundiro situation than meet the eye. I would like to think that it could be positive but from what I know about Honda that is a long shot.
I have just been over on Yahoo, some of the speculation there has gone way overboard and they are setting themselves up for another let down. However if I held 60,000 shares of OE I am sure that I would look at the situation somewhat differently. That size of an investment in a speculation venture with OE's track record takes larger "cajones" than I have - that is almost A$1M.
If OE ever hits the BIG ONE those whose holdings are this large deserve everything dollar of profit they make, as it is a huge gamble.
We should be getting the financials soon, and I believe that the six month report is later than usual.
John