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


To: dzzhang who wrote (141)11/17/1997 2:21:00 PM
From: peter shi  Read Replies (1) | Respond to of 475
 
I got in orfr today at 18 with a few hundred shares. My stochastic indicator shows it is oversold, but the momentum is laging. I believe if the market stabalize with a general upward trend, the momentum of orfr should pick up. The volume has dried up which indicates a biger move is in line, the direction of which in my opinion has much to do with the future market sentiment. I think it is a good time to try a small amount of shares and see.