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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Jyoti sharma who wrote (1877)	2/3/1998 11:35:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 9980

Space the last frontier with an Asian flavor too. Jyoti and all: check this company out and keep a watchful eye on it. Here is one of my favorite stocks and I own it too, for the last 3 years.It was dead money for a while but it has begun to move since last few months,i guess i bought it too early. The company: Orbital Science Corporation (Nasdaq: ORBI) highlights: 1.3 billion dollars in order backlog. 2.Potential explosive revenue growth from worldwide low-cost satellite communications service.(begining latter part of 98) 3.Projected growth of 25% or more for as long as the eye can see. 4.Recent coverage by Merrill Lynch and Oppenheimer etc with 'strong buy or buy' recommendation. 5.Shares outstanding approx 34 million with float of some 24 million Q4 earnings will be released on Feb.05th Company web site at : orbital.com orbcomm.net Here is an excerpt from their website so you know the Asian connection ORBCOMM is a joint venture of Orbital Sciences Corporation (NASDAQ: ORBI), Teleglobe Inc. of Canada (Montreal: TGO), and Technology Resources Industries Bhd. of Malaysia. Orbital is a space technology company which designs, manufactures and markets a broad range of space products and satellite-based services. Teleglobe Inc., is a leader in the intercontinental telecommunications industry. Its main subsidiaries and divisions are Teleglobe Canada Inc. - Canada's overseas carrier -, Teleglobe International Corporation, Teleglobe World Mobility and Teleglobe Enterprises. Technology Resources Industries Bhd., a publicly traded holding company, controls the largest cellular operation in Malaysia.