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


To: RocketMan who wrote (1340)3/26/1998 2:56:00 PM
From: Mohan Marette  Respond to of 2394
 
Like I said before, the company never had much insider holdings at least during the past 3 years or so since I have been following the company. I have no problem them selling their 'meager' holdings,it would have been different if they had large positions and they sold off a sizable position.this action of theirs has no impact on investors including myself and I couldn't care less . I also told in my previous post that they are great technologists but poor investors,didn't I ? I am not drawing any conclusions but rather commenting on it since the subject came up and I recall discussing the same thing some 6 months or a year earlier when there was some sales of similar or lesser proportions and my comment was pretty much the same then as it is now.

As for Orbimmage don't be so sure that their product won't have any consumer use or appeal, I read some of the uses in an article earlier but can't seem to remember the specifics at this time but even if there weren't any uses at this time I won't be surprised if there are some in the future.It is all about how you define the product and create the demand where there none exists at the moment. I bet 15-20 years ago people thought there weren't any uses for computers let alone PCs in all the houses. I could go on but you get my drift,don't you????



To: RocketMan who wrote (1340)3/26/1998 7:13:00 PM
From: David L. Carter  Respond to of 2394
 
I too wouldn't read too much into the recent insider selling. It is very typical for a company to hold back insider selling until the time of a secondary offering. I imagine many of the sellers have been in the queue for some time and now is there chance to get some cash.