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


To: PIERRE HANDL who wrote (1713)6/10/1998 12:32:00 AM
From: Sterling  Respond to of 4908
 
Although the current downtrend has not reversed yet,

and I think we have to suffer some lower prices in the short term, on the subject of the roadshow I agree that exposure and showing the technology must continue. We have to remember that many investment managers have to see a stock reach certain price levels before they are permitted to put it in their portfolio. In addition, price needs to be maintained above a particular level for a period of time before some management requirements are met. So the price churning in the $4-$5 range seems normal right now, and the trend seems to indicate that it has lower yet to go before flattening out.



To: PIERRE HANDL who wrote (1713)6/10/1998 9:01:00 AM
From: Maverick  Read Replies (1) | Respond to of 4908
 
Christopher always presents things very eloquently, but he agrees we're headed down.

I still think June and September are related. You know that certain investment houses (Merrill Lynch?) are watching OE, even though they don't officially cover it. If OE were to sign a big deal in June, enough publicity would be generated to make the "road show" much less important. A deal would have some the investment houses watching from the sidelines jumping in, and that in turn would catch the attention of others. Just as I said at the time, the hype about June was another cry of "wolf".