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Technology Stocks : Orbital science (ORB)

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To: dwight martin who wrote (2016)1/18/1999 9:20:00 PM
From: Judy Muldawer  Read Replies (1) of 2394
 
ANyone else see Burke's recommendation (He manages the FLAG fund):

Among the strategic asset stocks Burke likes:
Orbital Sciences (ORB). He says the company
has a very good satellite manufacturing, launch
and global positioning business, but that the real
gem is its Low Earth Orbit satellite operation.

Pipeline companies are already using the system
to measure line pressure without having to send
technicians long distances to actually read the
guages in person. The data isjust beamed up to
the satellite network and routed back to the
pipeline company's headquarters. And that's just
one application.

"The real appeal is the whole network costs
$400 million," says Burke. "If you put that in
perspective, Iridium is talking $2 billion." But best of all, Burke says
Orbital Sciences is "focused on what the network can do for you, it's the
best way to market."
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