Maybe not before, but the ** FOCS ** deal with Coca Cola Enterprises (Feb. 14) and especially the merger announced today with ORBCOMM may put this in a whole different light. Look at OrbComm DD below.
We'll see; there is some chunks of selling we definitely need to get through, and then maybe all the buying today will pay off.
Thursday, Feb 17 2000 12:52PM ET
To: Dave Gore
From: Eric Fader
FOCS could be a multi-day runner, and maybe even succeed after all these years. One of my friends, believe it or not, has been sitting with this stock for 6 years. (Not a successful trader <g>.) -Eric
MORE DD ON ORBCOMM MERGER:
From the release.
ORBCOMM provides two-way monitoring, tracking and messaging services through the world's first commercial low-Earth orbit satellite-based data communications system. ORBCOMM applications include tracking of mobile assets such as trailers, containers, rail cars, heavy equipment, fishing vessels, barges and government assets; monitoring of fixed assets such as electric utility meters, oil and gas storage tanks, wells and pipelines and environmental projects; and messaging services for consumers and commercial and government entities.
ORBCOMM is owned by Teleglobe Inc. (NYSE: TGO; Toronto) and Orbital Sciences Corporation (NYSE: ORB - news). Teleglobe Inc. is a leading global provider of broadband services with the most extensive global Internet network. Delivering advanced broadband applications to customers in more than 100 countries, Teleglobe is the premier communications architecture for the digital economy. Orbital is a space technology company that designs, manufactures and markets a broad range of space products and satellite-based services.
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