To: Maverick who wrote (1652 ) 6/4/1998 2:20:00 PM From: PIERRE HANDL Read Replies (1) | Respond to of 4908
I am not trying to pump the stock. I wish I knew in which direction it is going to go. If I was so smart, I wouldn't bother with all this. I am only sharing what I know with all of you. Its no different than telling your friends what is on your mind concerning risk taking investments. I own a sizable amount of shares in OE and I also have other positions. The decision is which position will be better. With the news known, I can better decide which way to go. A one point rise in the stock, should the news be better than people expected, is not a concern because I have learned that when you try to minimize your costs quite often you lose focus of the long term. Look, I have done my calculations on the potential income stream from OE should they pay dividends. Mr Thomas Beech the former CFO who is still with OE but performing other assignments, mentioned that the goal of OE is to pay dividends. He said this at a visit to Southern California several years ago. This policy could change, but the income realized would warrant a pay-out. Anyone reading my posts should decide for themselves what to do. Each individual has their own financial issues to deal with. We all know that there is a consortium of high profile automotive companies evaluating OE's technology. We all have been pounding the table for news. So I just did a very simple task and called Roberta Saling in Detroit. The cost to do this is minimal but few people want to make the investment or time to call. If you are a shareholder, you have every right to ask your questions. That is her job. Do you want her to lose her job? So the questions I asked were answered to my satisfaction so I shared that with you all. So the next step is up to you. Buy now, sell now, or wait for the news, you decide. It may appear that I am hyping, but that is not my intention. Those who hype, frequently twist the truth for their benefits. The market is so large that I'll benefit no matter what the readers of my postings do. If the news is positive and fundamental to OE's growth the stock will go up, period. If the news is not positive, the opposite will occur. It so simple!