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

To: Naggrachi who wrote (157)	12/3/1997 1:24:00 PM
From: crs	Read Replies (2) \| Respond to of 475

This company is undervalued. At this point I am going to overlook my short term loss and hope for as low as she can go. The company has only approx 6 mil shares outstanding, making this very volitile. I believe only 35% of these shares are not owned by the ceo or at least a combination of corporate officers. This leaves approx 2.1 million shares for the rest of us. IDTC did this and I bought at 9.5 7.5 down to 6 and got a margin call at 4. I did not have to come up with the margin because the stock came back up quick enough. My last purchase of IDTC was at 22 or somethng like that. I am hoping that orfr stays weak into jan. which it just might so that I can sell some other stocks at a profit to load up on this one. If I sell in Jan., I can defer my capital gains for a whole year and some change, instead of writing the check now. Any big sellers may be people who do not understand the technology, and are offsetting their gains for tax purposes. End of the year stuff. I don't know that many institutions even own this one. I never figured that one out, you take a loss so as not to pay taxes on a gain. Of course you will not pay taxes if you make no money. Volume is still pretty low. It is in the 50,000 range instead of 6,000 range. These are still small timers burning themselves. I can't believe that people cannot wait a whole year to see how things settle out. Oh well, another great opportunity for me. I just called Irene Honeycutt at investor relations. She joked and wanted to record my comment, "that I may be selfish, but at this point I was hoping for a real slide". She mentioned that she has had plenty of panicked callers asking her for advice. This gives you an indication of who the sellers are.