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Technology Stocks : ORFR-ORBIT/FR -- Ignore unavailable to you. Want to Upgrade?

To: Louis Cornell who wrote (134)	11/11/1997 11:36:00 PM
From: Mike Winn	Read Replies (3) \| Respond to of 475

Louis, Sorry, I wasn't clear when I made the last post as I talked about short term trading this stock. If you're in this stock long, I absolutly agree with you with everything you posted and I agree we could buy at this price. But when I am in a stock short term, I look at the PE because I like to be absolutly safe, because there are uninformed investors who look at the PE on Yahoo and not know the fundamentals of the company. Yahoo still shows this stock having a PE of 70+ (and that's probably why it was tanking). I hate to go into a stock with a short term goal and end up staying in there long. I am still debating whether or not to go long with this stock. I got a couple of other stocks to evaluate and decide which ones to go long. I like the potential of this company though. Regards, Mike.