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Technology Stocks : Orbital science (ORB)

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To: Golfstud who wrote (1468)	4/20/1998 1:33:00 PM
From: Pei-Hwa Ho	of 2394

Just a general comment regarding order backlogs. They are good in terms of the health of the business orbi is in. The question, and uncertainty, is how good and effective the company is in filling these orders in a timely and profitable way. It won't be good if the company has to make major capital investment in order to fill those orders and end up sacrificing its margins. Boening, for example, must have hundreds of billions in backlogs but they are having production problems. Has anyone looked into this? -Pei-Hwa

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