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Technology Stocks : Orbital science (ORB)

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To: Mohan Marette who wrote (1570)4/27/1998 6:53:00 PM
From: Altaf Amin Jadavji  Read Replies (1) of 2394
 
Leaving aside broader market decline, do you think ORBI fall partly due to OrbComm IPO? If ORBCOMM was expected to be a significant push to earnings then its spin-off would leave ORBI without. I was a little taken back by the IPO. It was like having a child put for adoption without any say. Rules should have it that shareholders of parent should get in on the ground floor of IPO. Just a passing thought. Anyhow, those of us who have been loyally long on ORBI can recall worse drops ...

Regards,
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