Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mike Winn who wrote (135)	11/13/1997 12:40:00 AM
From: peter shi	Read Replies (1) \| Respond to of 475

Orfr is oversold, so are many other good stocks---qntm, cube, rdrt, amat, sunw, intc, just to name a few. When the market rebounds, the leaders the will leap first.

To: Mike Winn who wrote (135)	11/13/1997 6:40:00 PM
From: Louis Cornell	Respond to of 475

Mike, I am back in now. See flash.net I rode this from around 16 to 24 on the initial run. Today we're around 18 and change. I feel pretty comfortable here. I'll be following closely to possibly add to the position. So far, the rate of descent has slowed to almost nil. It looks like it's setting up to pop back up, IMHO. As for P/E, I don't want to rely on uninformed investors to make profits. I want to rely on informed momentum players who smell opportunity. The market is still treacherous right now, but the fact that this is the only stock I own now should tell you something about what I think of the stock. I am humble enough to know that anyone, including me, can pick winning stocks in a bull market, but not so many can in a bear market. "You takes your chances..." regards, Louis

To: Mike Winn who wrote (135)	11/16/1997 9:48:00 PM
From: Louis Cornell	Read Replies (1) \| Respond to of 475

Mike, you mentioned orfr's p/e is 70 based on Yahoo. But based on Zack's, 1997 per share earnings (with only Dec quarter estimated) are $0.74, and for 1998, it's $0.98. At the current price of approx $18, that would put orfr's trailing p/e at 24, and 18 for 1998. Sounds like real cheap growth to me, given the stable track record of earnings and sales growth. One risk is that only two analysts track the company, but one rates it a strong buy, the other a moderate buy. BTW, orfr is 44% off of it's all time high. There probably aren't many sellers left, I'd guess. Happily long, Louis