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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE) -- Ignore unavailable to you. Want to Upgrade?


To: Stew who wrote (145)5/15/1998 9:24:00 PM
From: John Fairchild  Read Replies (1) | Respond to of 605
 
If we knew the answer to that question we would be extremely rich. My original shares in OOL were purchased about a month ago. I liked the company then and I like it a lot more now. They seemed to be getting the job done with very reputable customers. If government types who can no longer afford to waste money like the product then it has got to be good. Also IBM would not have accepted their participation to the project if they did not believe in the product. The stock has been manipulated big time and it will take some time for the effects to stabilize but I think that ultimately it will trend back up. I tried to get a hold of the company today with no luck. They have likely just been totally overloaded with calls. Just to come clean I flipped this thing as well but I did buy back yesterday at the prices I said.

John



To: Stew who wrote (145)5/15/1998 10:24:00 PM
From: Grant MacMillan  Read Replies (1) | Respond to of 605
 
Stew, allow me to add my 2 cents worth. I bought in today at 48 cents feeling that any news that would cause approx. 25% of the shares outstanding to trade in one day would leave many investors on the sidelines waiting to buy in at a cheaper price. Obviously the trades of two days ago included a lot of short term traders who only intended to hold the stock for a day or two. As we saw today, there are plenty of investors willing to buy in, but they are playing the fluctuations, waiting for the quick correction we just saw. My opinion only but I think enough of the short term players are gone that the pent up demand will send this stock on a run next week.

GM