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

To: Mohan Marette who wrote (933)2/25/1998 3:29:00 PM
From: jgibbs  Read Replies (2) | Respond to of 2394
 
Mohan,

Don't mean to tred on DJ's turf, but the details surrounding the cancellation of the Clark space mission he mentioned can be found at the following. Cannot determine how it impacts Orbi, but it certainly seems to. Can anyone figure it out?

JimG

flatoday.com



To: Mohan Marette who wrote (933)2/25/1998 5:04:00 PM
From: DIAMOND JIM  Respond to of 2394
 
Hi MM..the short of it is that this satellite contract inherited from CTA ran way over budget and fell well behind schedule. A few weeks ago (check previous post re Aviation Wk) NASA gave OSC ten days to justify why the contract should not be terminated. Guess they didn't respond. Full story on NASA home page - press releases. Regards DJ.


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