Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Orbital Engine (OE) -- Ignore unavailable to you. Want to Upgrade?

To: PIERRE HANDL who wrote (1569)	5/22/1998 12:49:00 PM
From: Michael Bakunin	Respond to of 4908

I noticed the employment update, too. It's hard to say for sure, since it could reflect turnover rather than new hires, but it sounds like good news to me. Usually, you need to hire when you grow; if OE's growing its business enough to necessitate new engineering hires, I'm happy. On another subject, I suspect the reaction to announcements will continue to be moderated, since OE trades on the NYSE. It's a lot harder to 'run' a stock on a Big Board specialist than on NASDAQ market makers. I credit OE's muted jump on the Bombardier news to the good work of the specialist; another announcement likely will follow a similar pattern: comparatively muted spike, then a slow drift to a stable price, at least until OE trades on earnings and dividends, rather than hopes and expectations. mb