Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (2156)	7/2/1999 11:44:00 PM
From: FJB	Respond to of 2394

X-34 Fastrac Engine Tested spacer.com

To: Fred Levine who wrote (2156)	7/3/1999 12:01:00 AM
From: RP Svoboda	Respond to of 2394

I'm not sure there ever will be a killer app with sats, but that doesn't mean that ORB is not a great long term investment. Satellites are a niche industry, and ORB is uniquely positioned to capitalize on the "smaller, faster, cheaper" concept. - Launch: The pegasus is where it's at for low earth orbit sats. - Comm: The system is incredibly low tech = cheap and reliable communication in areas of the world that do not have the opportunity to build out terrestrial infrastructure. No one ever claimed that they would compete directly with IRID. - Imagery: Same special business practice mantra that I have stated over and over again on this thread. No one ever claimed that ORB would beat out Space Imaging, but they will be a close second or worst case third. - Nav: A commodity business that they are trying to reach critical mass in. I think the car nav systems are a great start. Satellite stocks are no longer in vogue. So what. ORB has a great start in a niche industry. They will be very successful at continuing to generate additional business. They will continue to burn through the backlog which will show up in earnings sooner (hopefully) rather than later. If I am not mistaken, comm wasn't supposed to be profitable until 1999 - image around 2000,2001. Magellan should have been profitable two years ago, but still is not. I don't think that segment is indicative of ORBs ability to grow the business. Boda

To: Fred Levine who wrote (2156)	7/8/1999 5:31:00 PM
From: Fred Levine	Read Replies (1) \| Respond to of 2394

To all-- I regard the article from the WSJ as dynamite. It sent ORB's price skyrocketing <ggg>. Orbital Sciences Corp. Dow Jones Newswires -- July 8, 1999 DJ Orbital Sciences Gets $600M New Orders In 1H '99 DULLES, Va. (Dow Jones)--Orbital Sciences Corp. (ORB) received more than $600 million in new orders for its space and ground infrastructure systems during the first six months of 1999. In a press release Thursday, the company said it expects firm contract backlog at June 30 to be about $2.1 billion and total contract backlog to reach $4.3 billion. In the last 18 months, Orbital has booked over $3.1 billion of new orders, reflecting continued strong domestic and international demand, the company said. Orbital Sciences said it continued to win new orders for infrastructure systems products at a "healthy rate" during the first half of 1999. For the first six months, Orbital's satellites and related space systems sector received about $185 million in new orders, while new orders for launch vehicles exceeded $80 million. Electronics and sensors bookings topped $160 million, and ground systems and software contracts totaled over $180 million. The space and information systems company reported a 1998 loss of $6.4 million, or 18 cents a share, on $734 million in revenue. -Michael Squires; 201-938-5400 fred