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


To: Louis Cornell who wrote (149)12/3/1997 10:26:00 PM
From: Mike Winn  Read Replies (1) | Respond to of 475
 
Louis,

So far, I am correct in my prediction. Short term, this stock will slide as a PE of 60 something on Yahoo will scare people off in this bear market. Few people are knowledgeable enough about the company to look to the future. The bottom could be 12 something. I am just guessing looking at the chart and at a stock called ANST that was also featured on IBD and whose CEO also appeared on CNBC. ANST went from 10ish to 23 and is now back at 12ish. ANST is also another good buy. I may buy ORFR at this price but will leave plenty of cash to bottom fish if it gets lower.

Has anyone looked at last year earnings to see if this current quarter was traditionally a good quarter?

Mike.