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Orbital Engine Corp. Ltd. (OE) Message Board

  • peterzh peterzh May 28, 1998 9:31 PM Flag

    I don't have patient anymore

    How long should I wait? I just want to make even. (Bought @6 3/16)

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    • Then sell at the next news. That should come anytime.

      Q

      • 1 Reply to q39
      • OE closed 108/108, last @ 108 on 267,000
        volume.

        The auto DI4 announcement is long overdue and this
        might be it!

        A word of caution though, an auto
        DI4 announcement could be a full on licence agreement
        ie commitment to manufacture in the short/medium
        term OR an announcement of "intent" ie OE and the Euro
        merely enter into some ongoing testing program (which
        would probably require up front $$ and hence the need
        to disclose to the market) which may eventually lead
        to the signing of a licensing agreement.

        If
        the announcement is a licence agreement then the
        share price will probably take off and not look back.
        However, if the agreement relates to some testing program,
        market reaction maybe harder to predict. In other words,
        don't get too excited if the announcement is anything
        other than a licensing agreement - the market may hold
        and wait for further commitment before buying!