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Technology Stocks : Orbital science (ORB)

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To: Bob Zeleznik who wrote (2075)	3/4/1999 5:40:00 PM
From: Fred Levine	Read Replies (1) of 2394

The price drop, IMO, has been disproportionate to the news. The news that sent the price reeling was supposed to be that earnings were counted too early, but were nevertheless real; and the delay of the Pegasus. I now suspect, many points lower, that the bandwagon of law suits may have more merit than ORB admits, and may be more costly. I always wonder what I don't know when share prices move significantly more than the information appears to warrant. However, the drop is consistent with my press release theory posted earlier. fred

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