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Technology Stocks : Orbital science (ORB)
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To: RocketMan who wrote (2137)5/5/1999 9:06:00 AM
From: deeno  Read Replies (1) of 2394
 
Your right, without reading the entire report that comment was out of context. If the Iridium project was hugly successful in generating subscriberships and revenue The general idea was the rest of the industry would be able to continue to tap Wall street for needed financing and take a big growth spurt. Because Iridium has been recieived cooly it may be more difficult to get financing to roll out as fast in effect slowing down industry growth. Ultimatly he wasnt talking about the future being less bright for the industry just not expanding as quickly. BTW from what I have seen of current revenue results and forcasts from most satilite companys including recent ORB reports, he was right! To bad he didnt follow his own reasoning and question managment more throughly would have saved me some money. I still Like ORB though.

OT anyone know if this thing has a spellchecker?
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