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

To: Fred Levine who wrote (1021)	2/28/1998 4:38:00 PM
From: Volsi Mimir	Read Replies (1) \| Respond to of 2394

I suppose thats the crux of the matter - its kind of overvalued (currently PE 55 etc) Yet the good news should push that up ,but when it does fallback do you think it would be at a higher level. I do - Thats why I'm leaning towards putting a small stake at this point and see if it reaches the resistance levels (50) gotta find my helmet if i going on this flight eddyb

To: Fred Levine who wrote (1021)	2/28/1998 10:49:00 PM
From: TomThomas Purcell	Read Replies (1) \| Respond to of 2394

Fred- I'm with you, only I've been investing longer- 60yrs- Those backlogs look big but it should be remembered that putting stuff into space is expensive and the margins of profit are probably relatively small and risks are relatively high. I am very sanguine about ORBI's future and I intend to remain long for a long time, but I think that its price may well get ahead of itself if it has not already done so. I'm a great believer in letting profits run and cutting losses short. Good luck to all of you (and me too). Tom