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Technology Stocks : Orbital science (ORB)
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To: Fred Levine who wrote (1021)2/28/1998 10:49:00 PM
From: TomThomas Purcell  Read Replies (1) of 2394
 
Fred- I'm with you, only I've been investing longer- 60yrs- Those backlogs look big but it should be remembered that putting stuff into space is expensive and the margins of profit are probably relatively small and risks are relatively high. I am very sanguine about ORBI's future and I intend to remain long for a long time, but I think that its price may well get ahead of itself if it has not already done so. I'm a great believer in letting profits run and cutting losses short. Good luck to all of you (and me too). Tom
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