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


To: crs who wrote (147)11/27/1997 2:40:00 PM
From: mark j. marvier  Read Replies (1) | Respond to of 475
 
Re: Co. promoting the stock. They have no immediate intention to go on touting the company as I've been told by IR. They feel that a news release followed by lack of any meaningful news would be taken the wrong way by investors. Co.fears investors would surmise a lack of new business and stay awaw from the stock. Obviously this is not the corrrect approach to take. We, the investors, need ongoing news to keep us informed of progress within co.. This company will make us a great deal of money in time, just not short time. They would be wise to make themselves more accessable to the public and create a higher profile. They are just so small now, when they put up @ 50 million in sales they amy make more noise, that will be next year. So either buy now and sit on the investment and look at in a year or so, or find yourself something else that is a bit more liquid and revisit ORFR down the road when they have higher revs, more shares, and a new department that keeps investors informed. Try calling them and leaning on them a little. BTW analyst raised est. for Q4 and 1998 by a few cents.



To: crs who wrote (147)11/27/1997 7:20:00 PM
From: Louis Cornell  Read Replies (1) | Respond to of 475
 
crs,

Actually, I would rather they not promote the stock. The numbers will speak for themselves. Wall Street can be slow to react, but react it will. I've seen new public companies ignored for many quarters before some pundit wakes up and throws it to Barron's or WSJ. IBD noticed right away, and they gave it an enthusiastic "thumbs up." I think rather than the company promoting the stock, they should focus on the bottom line, and Wall Street will do the rest.

As for ORFR "taking a dive," I think a drop from 31 to under 18 would fit that characterization. My opinion is most of the sellers have been pretty much wringed out, as the rate of descent has slowed significantly. That is not to say it can't fall more, but I see the downside risk as rather small compared to the upside potential. Watch carefully for volume...

Happy Thanksgiving!

Louis