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Technology Stocks : ORFR-ORBIT/FR -- Ignore unavailable to you. Want to Upgrade?

To: Doug (Htfd,CT) who wrote (461)	9/8/1998 9:40:00 AM
From: Woody Johnson	Read Replies (1) \| Respond to of 475

This is a tough one Doug. As indicated on a previous post, balance sheet reflects net current asset value at over $3.50 per share while stock is at $3.00. The bid ask spread this morning is $2.75 - $3.625. Looks like a real tug of war. I think I was on the buy side of your order when you sold at $6.75 in June. Equity Digest reports insiders selling 6.5 Million shares in last six months. Considering that there are only 8.6 Million common outstanding, maybe the worst could be over. Do you think CEO resignation is a final blow off? WJ