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


To: mozek who wrote (1215)3/11/1998 11:03:00 AM
From: Mohan Marette  Respond to of 2394
 
We'll do Mike, but I won't be surprised if the 'notes',on the Luxembourgh exchange,are priced already to reflect Orbi's current stock price and may be even a bit more to allow for any possible appreciation.



To: mozek who wrote (1215)3/11/1998 8:58:00 PM
From: Angelo J Cici  Read Replies (2) | Respond to of 2394
 
The notes go up along with the stock price! Don't think they're cheap!

And the maturity has a value on it where you ONLY get a certain
amount back in cash upon maturity! The only way one bennefits
from these is if the stock really takes off and you convert or
sell the notes before expiration. Each note gives the holder only
a certain amount back by doing nothing - maturity value.

The maturity value may not give you a bargain, again unless you
convert before expiration or sell them...

They must have a high value of maybe $1535 per not by now MINIMUM!
(up from $1000 at the offering)



To: mozek who wrote (1215)3/12/1998 10:33:00 PM
From: james h. snyder  Respond to of 2394
 
ah............. me too, sounds like deal you do and "throw it in the closet"
THANKS
J