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Technology Stocks : Orbital science (ORB)
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To: Altaf Amin Jadavji who wrote (1573)4/27/1998 7:33:00 PM
From: Mohan Marette  Read Replies (3) of 2394
 
Have no fear Altaf.

Altaf,

Orbital is not putting up Orbcomm for adoption,actually they are not selling any of their interest in Orbcomm at all according to Mr.Thomson the CEO, he said so both at the conference call and at the annual meeting. Actually if you look at the Red Herring report on the Orbcomm IPO you would know why this a positive thing for Orbital,it could only boost their stock price and besides I believe it is a wise strategic move on the part of Orbital.You are right it would have been nice if we the shareholders could get a piece of it, oh well that is life i guess.

Here is the link to the Red Herring article.

herring.com
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