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


To: Judy Muldawer who wrote (1408)4/5/1998 8:57:00 AM
From: RocketMan  Respond to of 2394
 
I solicit opinions on ORBI in a bear market.

Hate to use the "B" word, but we all know that eventually we will at least have a significant market correction, if not the start of a bear market.

I intend to hold on to the ORBI that I have when that time comes (I'm long), and am thinking of increasing my position at present. My thinking is that I've got money parked in some index funds that will feel the full brunt of a market correction.

I'm also thinking that ORBI will not be hit as hard, because:
(1) it does not have large Asian exposure
(2) it has a huge backlog
(3) it has new initiatives just starting (Orbcomm, Orbimage, etc).

If that be the case, it might be a good idea to move my money from the index funds to ORBI, albeit at the risk of lessening diversification (but I believe in ORBI, so that does not worry me).

So what do you all think? If the market corrects by, say, 10-20%, will ORBI correct less? More? The same?