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

To: HIA who wrote (2239)10/12/1999 10:40:00 AM
From: wiz  Read Replies (1) | Respond to of 2394
 
OK

I joined the club today at 17 5/16. Management seems to be out to lunch a bit still... how about getting guys who know about business in charge...not Astronauts. It is a business after all. But, at this price willing to roll the dice.

Mark



To: HIA who wrote (2239)11/11/1999 4:38:00 PM
From: HIA  Read Replies (1) | Respond to of 2394
 
The Vulture Club having bought in the 17's before the accounting announcement...is now either selling in the 17's or writing at-the-money covered calls or buying puts...

The reasons are...the earnings re-statement has not yet occurred...LOR on the NYSE most active list is carrying this stock along...a new target of 14 to 15 seems likely...and...there would not likely to be any type of merger offer with earnings re-statement due...


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