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Technology Stocks : Orbital science (ORB)

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To: Broken_Clock who wrote (1004)	2/27/1998 11:24:00 PM
From: RP Svoboda	Read Replies (1) of 2394

Let me start off by saying. . . WOW! $1.1B is a huge jump in backlog even when spread over five years. Now I am wondering what the statement "The contract, which provides for one option" means. Does this mean that 1. ORBI gets the whole enchilada 2. part of the cash up front while competing with other companies for the rest - or best possibility 3. this is only the first part of a series of (options) contracts? Am I reading this wrong? Also, why the reference "big aerospace" company? Are they finally being viewed as one of the major players? I am anxiously anticipating further clarification of the contract. Thanks. Boda

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