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

To: Angelo J Cici who wrote (1297)	3/23/1998 9:21:00 PM
From: Gerald Walls	Read Replies (1) \| Respond to of 2394

Bill Gates sells 1 million shares per quarter, so insiders sell! As I said myself on the Vari-L thread. Besides, so what if they sell 1% of holdings! Again, SO WHAT AND BIG DEAL! Chill out. I asked for comments. I didn't say it was a big deal. This was something that came out on Friday and nobody else mentioned it here over the weekend so I posted it. Don't fall in love with a stock. Look at all the information that you can find about it, positive and negative, and re-evaluate it constantly. Don't ignore it or deride it because it doesn't fit your beliefs. FYI, according to Vickers Thompson has 52,459 shares. He filed to sell 21,000 shares which would be 40% of his holdings, not 1%. I certainly hope that he's exercising options, and a bunch of them. Interestingly, neither Seeman nor Pirone are listed by Vickers in the Top 10 Direct Insider Holdings. Daniel J. Fink is 10th on the list with 4,534 shares. This would seem to indicate that Pirone's 5,000 shares that he filed to sell are at least partly from option exercising and implies that he'd rather exercise and sell than exercise and hold. Of course, maybe he wants to get his pool finished before summer and needs the cash. I just noticed that Daniel E. Friedman, an officer, filed to sell 6,000 shares on March 9. Vickers says he has 7,029 shares. This is four insiders filing to sell in the past two weeks. The army press release was on March 3. Orbital's was on March 23. Odd, isn't it, that they held off on the press release about the army contract until after the four insiders had a chance to sell. As I'm sure you remember, it was posted here in Message 3588279 that a company source in IR ("BB") said that they company was concerned that any company press release might appear to be a "retreat" from the army's press release. Of course I'm sure that this is just a coincidence and that the insiders didn't try to sell ahead of what they thought would be perceived as bad news... Still holding all my shares, unlike the insiders.