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.

Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (9895)	7/24/2002 10:38:57 AM
From: Dave Gore	Respond to of 16631

TODAY'S QUESTION --- Will MSFT meeting inspire a rally? It's possible, especially if they announce a share buyback. I hope they are smart enough to realize that is the best thing they can do right now. Maybe a dividend as well.

To: Dave Gore who wrote (9895)	7/24/2002 10:44:29 AM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Don't forget SCHL if we rally. Huge Harry Potter and Education book publisher that is down from $56, now $34 with a very low PE. They've never warned that I can find and beat earnings a few days ago. They turned green before any stock on my list today.

To: Dave Gore who wrote (9895)	7/24/2002 12:11:13 PM
From: Carl Worth	Read Replies (2) \| Respond to of 16631

this seems like a concern for ORB...your thoughts? As of June 30, 2002, Orbital's available cash balance was $57.3 million. The company had negative free cash flow (defined as cash flow from operations less capital expenditures) of $8.7 million and $31.3 million in the second quarter and first six months of 2002, respectively. In each of the first and second quarters of 2002, the company paid approximately $25 million of a $50 million vendor financing agreement that was outstanding as of the end of 2001, thereby liquidating this obligation. Negative free cash flow for the first half of 2002 was significantly better than had been anticipated. However, Orbital expects negative cash flow during the third quarter to be in the range of $30 to $35 million. This shift is due primarily to the receipt of customer advanced payments in the second quarter previously anticipated to occur in the third quarter and the timing of certain subcontractor payments between the quarters. Orbital also revised upward its free cash flow guidance from its earlier negative $70 million target to a negative $60-65 million estimate for 2002. carl