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

To: Maverick who wrote (4641)	2/23/2001 10:57:04 AM
From: Dr Mike	Read Replies (2) \| Respond to of 4908

We all know that OE management would have trouble making a profit selling burn lotion in hell, and we all have faith in the technology. Nothing has changed qualitatively, although the magnitude of the loss made my jaw drop. Nevertheless, unless the company will go bust, the potential is still there. Nothing has changed from yesterday to justify this drop in price. The potential sales to 4 stroke auto is still there, the Chinese scooter market is still there, etc. Is this a buying opportunity (or a takeover opportunity)? It will be interesting to see if there is any insider buying (finally) at this price. I'm going to think hard over the weekend and maybe buy more. Maybe.

To: Maverick who wrote (4641)	2/23/2001 11:14:11 AM
From: q39	Read Replies (1) \| Respond to of 4908

Agree that numbers are not the issue, but I disagree that OE price would have gone this low if the announced loss had been the worst case issued in the Dec. 19th earnings outlook. (They must be forgiven for not predicting the OMC bankruptcy, but that was not the whole problem). This surprise was truly a shock and is indicative of serious decision-making shortcomings and some problems discerning their actual financial condition - and also indicative that OE has some problems that must be fixed if shareholder value is ever to be maximized. All this and the equity markets are horrible, contributing to the problem.