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


To: Mohan Marette who wrote (1427)4/9/1998 12:13:00 PM
From: Nagaraju R. Arakotaram  Read Replies (1) | Respond to of 2394
 
Mohan Marette:

I have a question?

If the secondary offering price is fixed at 44 3/4 or 15/16, how the stock goes up now. If and when the offering is done, that mean it's going to pull back, 'am I wrong or missing some thing. Can you please tell me.

Raj



To: Mohan Marette who wrote (1427)4/9/1998 12:42:00 PM
From: Randomm  Respond to of 2394
 
Mohan, I received ORBI's annual stock report last week.
On the stock holders voting sheet of the proposals, #2 approves the adoption of an amendment to the company's 1997 stock option and incentive plan increasing the number of shares of common stock authorized for issuance from 1,600,00 to 3,200,000. I've only skimmed the Annual report, but it is very promising.
Randomm



To: Mohan Marette who wrote (1427)4/9/1998 7:56:00 PM
From: LWolf  Respond to of 2394
 
Mohan - yes, in the money now. I think ORBIs got great potential to keep going up. Thanks for thinking about me!
Laura

PS I've had to work in NYC for the past three days without access to a PC, so I don't know what's happening with the market (until I get to my car and hear Bloomberg financial reports and then back home at a PC). Hopefully we'll start seeing a rebound in all sectors. I noticed DELL is up quite a bit (but, sigh, I'm temporarily out of it).
LEW