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

To: Fred Levine who wrote (2211)	9/16/1999 2:06:00 PM
From: Fred Levine	Read Replies (1) \| Respond to of 2394

I rechecked the Merrill site and there was no update sine 7/29. Once again, this conflict is more evidence why ANALysts generally do worse than darts. IMO, the recent announcements by ORB indicate that ORCOMM is gaining acceptance. fred

To: Fred Levine who wrote (2211)	9/16/1999 8:51:00 PM
From: RP Svoboda	Respond to of 2394

<<IMO, even the bad news doesn't warrant this much of a decline. It just indicates, if true, that payday is being delayed.>> Fred, I agree 100%. The market has already showed what it is willing to pay for all the orders booked (approx $50). ORB just needs to actually get the cash booked. This is where the companies guidance came in. Last quarter, ORB reduced time to installation by a factor of 3. They need to continue that rate each quarter to meet their goal of 50% installation by the end of the year. By the way, the 330,000 number is system break even. So why did it take so long for an analyst to put out this info that was made public by ORB months ago? According to the options prices, ORB needed to close somewhere between 17 1/2 and 20 by this Fri. This news release helped put it there. Boda