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To: Sig who wrote (27020)1/7/1998 9:42:00 AM
From: Mohan Marette  Respond to of 176387
 
Off topic: Sig,thanks for the assessment on ORBITAL.

<<<IMO if you are young and can spare the bucks then go for it.>>>

I am and I have,had the stock for about 3 years but only recently the stock has started moving.I picked the shares in the teens.When I first bought the stock nobody followed it,and there was no institutional support either.I came to know about them through Business Week and Aviation Week. Now the company is on the radar screen,just yesterday Merril Lynch upgraded it from 'NT accumulate' to buy,Oppenheimer has a 'strong buy' and threre are some 11 or 12 brokers now following the company.Institutions now own some 40% of the outstanding shares and this all happend only recently.The average shares traded were around 300K,only last few days the volume has increased to a million shares or more,indicating institutions have begun to accumulate the stock.Somebody on Orbi thread has described it as the 'Romance phase'.Besides,I like high tech companies and i believe you couldn't get any more high tech than this.Just my opinion,and thanks again.



To: Sig who wrote (27020)1/7/1998 2:38:00 PM
From: Mohan Marette  Respond to of 176387
 
OFF Topic--Sig since it's a nasty day and nothing much to talk about, here is an interesting piece of news that I saw on the wire serivce today regarding Orbital.

biz.yahoo.com