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Technology Stocks : Orbital science (ORB)

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To: wiz who wrote (2222)9/21/1999 12:06:00 PM
From: Fred Levine  Read Replies (1) of 2394
 
Mark, I'm more than concerned... I'm irritated. Not because I'm losing money on what I consider a rational investment, hell that happens all the time, but because the price decline flies in the face of no information. The backlog remains enormous and growing, and is about 2 years current sales. I trust their accounting has improved, the industry is clearly a growing one, but nevertheless the stock has declined significantly. When this has happened to me in the past, usually either there was information available to a select few, and the decline was warranted, or it was truly the old euphemism, a buying opportunity. I would love to get information on ORCOMM placements.

Time will tell. I'm also noticeing that the stock price has somewhat improved, and that it is a crummy day for th market.

fred
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