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

To: James W. Bradsh who wrote (4819)	1/12/2003 10:14:01 PM
From: q39	Respond to of 4908

This does make for a more efficient and better located company. Cost of sales will go down. Also, the Siemens threat to sell is now dead, as they gave up some business to Synerject as well. This should make for a better reputed company that can land some new business. I believe that OE financial problems have given the other side leverage in negotiations with Orbital, and now it's pretty clear that the company is "worth" the current price just on the Synerject share and should not have cash flow problems. Perhaps Orbital now has some leverage and can get fair deals, allowing us to see progress on other fronts as well. BTW, I wish OE could get delisted in Australia and only trade in the US.

To: James W. Bradsh who wrote (4819)	1/13/2003 10:41:21 AM
From: q39	Read Replies (2) \| Respond to of 4908

This could explain selling in AU the last couple of weeks in December while US buying continued, and the continued selling into this year. Index funds would be dumping. Any Australian index stocks (if they have any) would be selling as well. This is more likely, IMO, than the theory that Australians accepted the Synerject news cautiously. "Changes to the S&P/ASX indices in Australia announced on 13 December 2002 have benefited Macquarie Airports. The changes will take effect from 31 December. The airport fund's weighting in the S&P/ASX 200 will rise by 88 per cent to 0.17 per cent from the previous figure of 0.09 per cent. In addition, Southern Cross Broadcasting's rating will also rise, as will that of Iress Market Technology. New additions include the James Fielding Group, Australand Holdings and Macquarie Communications Infrastructure Group. Gone are Technology One, Solution 6 Holdings, Orbital Engine Corporation and Autron Corporation"