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Microcap & Penny Stocks : ORTH - Undervalued stock at 17/32? -- Ignore unavailable to you. Want to Upgrade?

To: Dan Glover who wrote (63)	3/17/1999 12:22:00 AM
From: Jill Collins	Read Replies (2) \| Respond to of 99

Dan, Buckeye, JR and others: From this point forward it seems that PEN is the stock to watch. From what I have seen it looks like it could be a good one. We should also be watching for arbitrage possibilities as we get closer to the June date. Anything under .70 cents looks good now for ORTH according to my numbers (if your numbers are different let me know). Of course, this figure of .70 will change as the price of PEN changes. I noticed a post on the Yahoo message board that I think puts things in perspective. I post it here for everyone: Merger impact on # of ORTH shares owned by: miacanes90 115 of 118 Just spoke to investor relations. Ultimatley, this merger will result in ORTH shareholders receiving 1 share of PEN for every 2.778 shares of ORTH owned. Price will be what ever PEN is trading at the day the merger is finalized, in June 1999. They said that it is unlikley any other information will be released with regard to the merger. If ORTH can show positive earnings when figures are released in April, PEN could really move. Unless you intend on selling, PEN is the stock to watch!