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Technology Stocks : Orbital science (ORB)

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To: wiz who wrote (2274)12/1/1999 10:28:00 AM
From: Fred Levine  Read Replies (2) of 2394
 
Wiz-- You are getting your wish of a dip. IMO (and I am humble about timing), there is tax-loss selling and there will be buying towards the middle of the month. The shorts may be squeezed, and there will be volitility.

ORB needs capital to fund continued losses in ORBCOMM, but will squeak by. LT, this is a steal.

fred
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