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

To: Naggrachi who wrote (327)	3/3/1998 5:08:00 PM
From: Louis Cornell	Respond to of 475

Zead, I gladly accept the label "cheerleader" with this investment. I agree with the ongoing criticism that the company is too quiet. However, the opposite approach - to issue a press release 'every other day' risks sounding like hype which would be worse. As I said many months back, the performance will eventually speak for itself. I feel sorry for the fools that are short this stock around these levels. With only around 1 mil shares actively trading, and with short interest jumping last month to around 100,000 shares, it could get interesting when the asian malaise dissipates, and the growth from acquisitions and the European growth starts to really kick in. Mr. Trabelsi emphasized during the conference call that the RDL acquisition will not hurt margins going forward. This is because of economies of scale achieved in the G&A and marketing areas. I agree with you that management, although not as vocal as I'd like, was very forthcoming and answered questions directly, and usually in clear detail. It doesn't hurt that Joseph Aviv (Chairman) and Zeev Stein (Director) own 3.7 mil of the 6 mil shares, in terms of ensuring the shareholders interests are protected. I would add that Orbit's diversified product line creates a much more stable growth pattern than the stock's trading volatility suggests. As Carol mentioned, Wall St. just doesn't understand what the company does. In my mind, that spells opportunity.