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Technology Stocks : Orbital science (ORB)
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To: DenverTechie who wrote (1840)7/2/1998 6:39:00 PM
From: Mohan Marette   of 2394
 
Thanks, I saw the news as well. They might as well wait until Orbcomm starts full operation and start generating some decent revenue and profit,at least this way they could fetch a pretty penny when going public. The problem now seems to be that potential investors look at the 'numbers' and all they can see is red with hardly any revenue and full service some distance away in the future and this is not good when potential investors evaluate the IPO and hence the lack of interest or the inability to raise desired funds or both.
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