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Technology Stocks : Orbital science (ORB)

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To: RocketMan who wrote (2048)2/12/1999 5:05:00 PM
From: Fred Levine  Read Replies (1) of 2394
 
Does anyone have insights on the recent drop in price? I have been following ORB for well over 5 yrs, and the recent "bad" news wasn't too bad. I read it as accounting changes in when income would be reported. The backlog is impressive, ORBCOMM will bring in cash, and the industry is one of great potential with ORB gaining expertise with each launch. Why the drop from $50? When this happens, a stock dropping with no bad news, I always wonder what I don't know.

fred
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