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Technology Stocks : Orbital science (ORB)

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To: HIA who wrote (2239)11/11/1999 4:38:00 PM
From: HIA  Read Replies (1) of 2394
 
The Vulture Club having bought in the 17's before the accounting announcement...is now either selling in the 17's or writing at-the-money covered calls or buying puts...

The reasons are...the earnings re-statement has not yet occurred...LOR on the NYSE most active list is carrying this stock along...a new target of 14 to 15 seems likely...and...there would not likely to be any type of merger offer with earnings re-statement due...
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