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Technology Stocks : Orbital science (ORB)
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To: Bob Zeleznik who wrote (2029)2/3/1999 11:25:00 PM
From: Dan Spillane  Read Replies (2) of 2394
 
Do we actually think there will be a downdraft in stock price? Based on what they said, one of the contracts is now larger; further, that will come in the next fiscal year...meaning estimates will go up.

I'm not sure why they are spinning this as an earnings shortfall; kind of strange.

Nevertheless, there are a lot of dumb cows in this market so maybe the stock price will drop...how may people value stocks on the backward and not the forward picture?
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