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

To: Volsi Mimir who wrote (1022)	2/28/1998 7:21:00 PM
From: Angelo J Cici	Respond to of 2394

The 50 PE is "UNDERVALUED" considering all the new contracts! Just look at DELL Computer as an example. The PE stays in the sky, but earnings are growing so fast that the PE is substantially lowered every quarter, AND THE STOCK DOES NOT GO DOWN TO A LOWER PE EITHER... Either a stock goes up along with the earnings, or a stock goes down to predict slowing growth at lower PE ratios. I think if ORBI goes to $100 by summer, and if the backlog starts coming out in revenue, then it should knock the PE down to around 50 or 60 or so.. This is how it works, value is NOT ALWAYS in low PE stocks, but rather value is in GROWTH!!!