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

To: PIERRE HANDL who wrote (1640)	6/3/1998 4:40:00 PM
From: PIERRE HANDL	Read Replies (1) \| Respond to of 4908

"Automotive Four-Stroke Orbital's ability to meet the year 2000 European Stage 3 emissions regulations combined with a demonstrated 15% fuel economy improvement has created extensive European interest in the application of OCP technology to the conventional four-stroke automotive engine. Orbital is involved in engineering programs to demonstrate the technical capability of the technology with six high profile automotive customers. Several customers are well advanced with technical programs and have progressed to the discussion of commercial terms. The recent Letter of Intent combined with the existing Synerject alliance (with Siemens Automotive) is a critical factor in the development of this market." Remember the above statement that appeared in the semi-annual report published in February? Well I decided to find out what the status is with the negotiations. I called OE and asked if the discussions have progressed since the last report. I asked if any of the talks fell by the wayside. The answers to my questions were that the commercial discussions are not only continuing, they have progressed and none have fell by the wayside. In fact, OE is preparing to issue an announcement fairly shortly, however, a date could not be mentioned. None of these words are quotes, but the response to my questions were as positive as they can be. If you are a long term investor, sit back, watch the tape, and when the news hits, I'll bet you a cold glass or Aussie beer that you'll know about it. I like my beer in a tall beer glass, preferably draft.

To: PIERRE HANDL who wrote (1640)	6/3/1998 10:18:00 PM
From: Maverick	Read Replies (2) \| Respond to of 4908

OE's "strength" was more from a lack of volume. DOW is irrelevant. OE moves to it's own drummer, generally only responding to certain outside influences - and the market isn't one of them. These include items such as: 1. competitive technology or competitor news 2. currency valuations 3. economic problems in OE's markets 4. OE news 5. emissions issues news OE does not react to any exchange indexes, and the days of 100 point Dow movements being significant are long gone. I always frown when people get excited about Dow point movements. Who cares about 100 points, look at the percentage - it's tiny! Anything less than 3% movement is insignificant. Asian markets move that much virtually every day, often moving in multiples of that! I feel a lot more positive about about your posts tonight than I did from anticipation of photographs. Don't get me wrong, photographs are great, but they just don't represent revenue. As an example, you can find photographs all over about BAAT, AENG, and Moller. But have we seen them generate any revenue? I just don't react to every little "positive" thing as I once did. OE's strung me out too many times like a good old fashioned "boy who cried wolf" fairy tale. I do anticipate an announcement any day, preferably from a heavy hitter auto maker. I like mine out of a frosty mug, but I agree it must be COLD! However, I won't complain if you hand me a long neck.