SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Orbital science (ORB)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RocketMan who wrote (1998)12/14/1998 6:07:00 PM
From: Beltropolis Boy  Read Replies (2) of 2394
 
>So what will be the impact of OrbComm's IPO on ORB?

rocketman.

i'd have to think it would be fairly minimal. ORB's already coughed up $190M along with teleglobe and their malaysian affliate, TRI. by previously spinning off orbcomm as a separate entity (and thus, removing their operating losses from ORB's bottom line), i'd have to think the risk is pretty much spread around. of course, orbcomm will have to rely heavily on their strategic partners (including ORB) for their expertise in design, construction, and operation, not to mention those pegasus and taurus rockets. that adds shekels to ORB's coffers.

however, if by "impact" you meant ORB's future stock price, i really don't have a clue. except to venture that it might add several tenths to ORB's beta.

-chris.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext