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: ron delany who wrote (744)	1/19/1998 5:48:00 PM
From: Angelo J Cici	Read Replies (1) \| Respond to of 2394

Ron, you overlooked something! ORBI stock had been going up during the fears of the Asian crisis. Orbital is one of the few companies on the NASDAQ in which Asia has no effect, and one of the few stocks to rally against market trend. Therefore, once the overblown fears subside, traders are going to realize all of the other NASDAQ stocks which were oversold as bargains. When the Dow and the Nasdaq start going back up, there will be a lack of NEW money going into ORBI, a stock near FULL VALUE during January. In the beginning of February, ORBI should continue it's uptrend. In February, the overall markets will NOT be as oversold any longer and most stocks should start to form more solid technicals to the upside. I still say dip for ORBI in late January, then continue the rally into the $40's in February....