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

To: Altaf Amin Jadavji who wrote (1395)	4/2/1998 2:19:00 AM
From: Dave Riches	Read Replies (1) \| Respond to of 2394

When was the vote to double? And what were the outstanding shares then?

To: Altaf Amin Jadavji who wrote (1395)	4/2/1998 7:51:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 2394

Altaf: Speaking of 'vote on doubling of shares',it could be that ORBI is getting ready for a 2-1 split,you think?? I think it could very well happen if the price goes above $50.00. As for the impact of dilution due to the secondary offering,I think it will be very minimal if any.

To: Altaf Amin Jadavji who wrote (1395)	4/2/1998 12:48:00 PM
From: Gerald Walls	Respond to of 2394

Would there be an anticipated dilution concern? i.e., price buckling because of added o/s shares. I suppose the number being issued is small compared to present o/s shares but recall ORBI's vote on doubling the amount shares it can issue. No, I don't think so since ORBI's only issuing 8-9% more shares. There might be some short-term flipping but there doesn't appear to be much of a planned discount and even if there were it wouldn't last long. As far as doubling the authorized number of shares, that's probably setting us up for a split.