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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (4563)	5/9/1998 11:23:00 AM
From: Ken W	Respond to of 29382

OKAY, ORBT: Have I been sleeping or what. ISP was down for three days and I totally missed earnings release from ORBT. Signed up for new ISP and will have new email soon too. (exciting to all of you I know) ORBT posted .07 first Q numbers vs .06 last year same Q. Not earth breaking, improving though (growing) volume on the news was dismal at best. Not to sound like a hypester folks but this small growing co. is trading at less than 15 times earnings and now will be at even a lower multipule. The co is planning expansion into foreign markets with their flat panel display and power units. IMO when the co's that are trading at 34 to 55 times earnings go in the hole ORBT is going to get alot of attention. Ken W

To: Ken W who wrote (4563)	5/9/1998 1:53:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 29382

Hello Ken,took a quick look at NRID. Interesting technology,of which I don't know much about (have heard of the retinal scanning-infact,I heard on the radio not to long ago that someone was trying a biometrics system in Boston ,can't remember who though). Obviously being ICSA certified is a plus and probably a must in that business. The only thing I don't like(or don't understand) is, the company reported(last Q) a a net loss from operations of approximately $261,000 and a net loss attributable to common stockholders of approximately $335,000, or $0.01 per share. Why did the company also report,an increased preferred stock dividend of approximately $74,000 for the 1st quarter of 1998 and a preferred stock dividend of approximately $61,000 for the same period of 1997." ???? Is the dividend a requirement? Doesn't seem as though they should be issuing dividends? Unless it was mandated in the placement of the perferred shares... All in all,it looks like they are getting ready to turn the corner,where did you get the info on the possible new contract? DD